Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

State Pension Non Contributory

  • 14-01-2021 10:12pm
    #1
    Darrio
    Registered Users Posts: 56 ✭✭


    Hi All,

    Just a quick question, what happens if someone on the Non Contributory State Pension inherits money.

    Thanks in advance


Comments

  • #2
    SourSessions
    Registered Users Posts: 1,195 ✭✭✭SourSessions


    It depends how much. You can have up to €20,000 in savings.

    After that, means are assessed as €1 per €1,000 for the next €10,000; €2 per €1,000 for the next €10,000 after that and €4 per €1,000 for any remaining.


  • #3
    Darrio
    Registered Users Posts: 56 ✭✭Darrio


    Many thanks for that SourSessions.

    A relative was recently put on the Widower's Contributory pension from the Non Contributory Pension. What is the situation with this pension regarding inheritance ??

    Thanks in Advance.


  • #4
    SourSessions
    Registered Users Posts: 1,195 ✭✭✭SourSessions


    Contributory pensions are not means tested (but are taxable so there may or may not be a liability there)


Advertisement