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State Pension

Posted , 3 users are following.

marco34274
marco34274

I qualify for state pension, can you sell it?

 

1 like, 4 replies

4 Replies

  • shaz6098
    shaz6098 marco34274

    Posted

    Hi Marco

    Not sure what you mean by asking if you can sell your state pension?! That's an odd thing to ask? Why would you want to sell it?

    In the UK it is a basic provision by the Government for those that have paid into society, i.e. You have made national insurance contributions for numerous years (I think it is now 35 years).

    If you are needing Financial advice, then an independent financial adviser could help?

  • marco34274
    marco34274

    Posted

    I have made 10years contribution, I want to sell it because I have plan in mind for business and buy a house...
    • shaz6098
      shaz6098 marco34274

      Posted

      Unfortunately, even if you set up your own business you will still have to pay NI contributions. Just because you have paid in for 10 years, doesn't mean that you can ask the Government to pay back your contributions.

      This site is for health related, you are probably better off having a look to see if there are independent financial advisers in your area and make an appointment to take to them (they will probably charge for the appointment).

  • Aspinan
    Aspinan marco34274

    Posted

    Hi Marco, not sure your on the right forum for such a question but advise is to speak to a financial advisor.
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