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social security benifits

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half pint | 12:16 Fri 10th Jun 2005 | Business & Finance
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how much savings are you allowed to have for an oap, when receiving housing benefits ect, before it affects your benefits.

 

thank you

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Avatar Image jean88

If you and your partner have joint savings over �16000 you will not be eligible. I think the amount of benefit depends on the amount of saving, they will take into account the interest you receive as income.

have a look here : http://www.direct.gov.uk/MoneyTaxAndBenefits/BenefitsTaxCreditsAndOtherSupport/DoYouQualifyForHousingBenefit/fs/en

01:34 Sat 11th Jun 2005

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