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Savings and esa

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Lostsoul13
Lostsoul13 Community member Posts: 59 Listener
in Employment and Support Allowance (ESA)
How much saving are you allowed to have? I heard it was 6000 and your benefits won’t be affected? How much after 6000-to 16,000 each week on esa? 
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Comments

  • Lostsoul13
    Lostsoul13 Community member Posts: 59 Listener
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    Mean to say how much do they take from your benefits! 

    Regards 
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  • poppy123456
    poppy123456 Community member Posts: 55,227 Disability Gamechanger
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    For legacy benefits such as Income Related ESA/JSA, Income Support/housing benefit it's £1/week for every £250 or part there of over £6,000. Savings of more than £16,000 and entitlement to all means tested benefits stop.

    For Universal Credit it's £4.35/month for every £250 or part there of over £6,000. More than £16,000 and entitlement ends.

    For council tax reduction some local Authories have a maximum savings limit of £6,000 before entitlement ends. It will depend on each individual LA.
    I would appreciate it if members wouldn't tag me please. I have all notifcations turned off and wouldn't want a member thinking i'm being rude by not replying.
    If i see a question that i know the answer to i will try my best to help.
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  • Lostsoul13
    Lostsoul13 Community member Posts: 59 Listener
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    thanks thanks so much I called esa and they confirmed this! Regards 
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