Martin Lewis trick gives pensioner extra £908 | European Markets

A pensioner has informed of how she boosted her pot by £908 a 12 months by following Martin Lewis’ advice. The money saving skilled has urged people to test and pay for lacking Nationwide Insurance (NI) contributions going back to 2006 in an effort to present themselves with a bigger income. Nonetheless, people need to behave shortly, as HMRC has stated that this won’t be potential from April 5.

Throughout this week’s programme on ITV, Martin stated he wished to “explain how important” it’s to pay for the lacking NI and how helpful it may be. Earlier than displaying a short clip that includes a pensioner who adopted his advice, Martin stated he hoped her instance would “whet your appetite”. The video began with retired couple Martin and Lorraine from Coventry stroking their rabbit, Toffee.

Lorraine then defined how she “didn’t have a clue” as to how to spice up her state pension, and she or he wouldn’t have performed it if she had not seen it on Mr Lewis’ show.

She stated: “Straight after that, I thought, ‘Right, I’m phoning up straight away tomorrow.’ With the help of Martin, my Martin, I phoned up the DWP.”

Martin added: “We had to wait for a letter to come from the DWP showing all the years that were owed towards getting a full state pension.

“Once we got that, then it was a quick phone call to HMRC. HMRC said that we could pay for part years, so that they would become full years. The total for the three-part years came to £1,836 and a few pence.

“And we said like, ‘We’re going to pay the money now in full, giving her the full state pension.’”

Lorraine then defined that the worth added to her pension was £17.47 per week, which “doesn’t seem a lot”.

However she identified that, over a 12 months, that’s £908, and, over 10 years, more than £9,000.

20 years sees more than £18,000 further. “That’s a lot of money,” Lorraine stated.

“It means a great deal, especially with the cost of living. It’s really good. I’m so pleased I done it.”