Is there a savings limit for AA, pension credits and housing reductions?
oldwifey
Community member Posts: 2 Listener
Hi all, I'm on attendance allowance and get pension tax credits, I have housing and council tax reductions, I'm 75 years old and wondered what the savings limit is on these benefits?
Sorry if this has been asked before but just came across your site today.
Sorry if this has been asked before but just came across your site today.
0
Comments
-
Hello @oldwifey, welcome to the community. I hope you're doing well today.
Just so you know, I've popped your post into our attendance allowance category so people with similar experiences can see it. Hopefully some of our lovely members will be along shortly to share their advice, but I just wanted to say hello and welcome you
0 -
There's no savings limit for AA. For Pension credit/housing benefit as you're state pension age and above it's £10,000. For every £500 or part thereof over this amount there's a £1.week deduction. There's no upper savings limit for those of state pension age. https://www.entitledto.co.uk/help/savings-over-60Just to add further although AA isn't means tested if you have anything left at the end of the period it's paid for then it becomes savings and will be included in your savings limit.
0 -
Thank you for the info, plain talking instead of some government gobble de gook 😊2
-
You're welcome.0
Categories
- All Categories
- 13.8K Start here and say hello!
- 6.8K Coffee lounge
- 60 Games den
- 1.6K People power
- 58 Community noticeboard
- 21.3K Talk about life
- 4.8K Everyday life
- 11 Current affairs
- 2.2K Families and carers
- 807 Education and skills
- 1.7K Work
- 414 Money and bills
- 3.3K Housing and independent living
- 840 Transport and travel
- 642 Relationships
- 57 Sex and intimacy
- 1.3K Mental health and wellbeing
- 2.3K Talk about your impairment
- 838 Rare, invisible, and undiagnosed conditions
- 889 Neurological impairments and pain
- 1.9K Cerebral Palsy Network
- 1.1K Autism and neurodiversity
- 34.2K Talk about your benefits
- 5.5K Employment and Support Allowance (ESA)
- 18K PIP, DLA, and AA
- 5.9K Universal Credit (UC)
- 4.8K Benefits and income