Tag: UK pension

Creative abstract money savings sketch on modern laptop monitor, accumulation and growth of money concept. 3D Rendering

Allowing people to buy additional Social Security benefits might be a good use of modest 401(k) balances. The United Kingdom (UK) recently increased the Basic State Pension, but only for those born after April 6, 1951 (for men) and April 6, 1953 (for women).  It has introduced a small, time-limited initiative that allows those born…