If you claim Tax Credits and you've been asked to move to Universal Credit, you may still be able to get Universal Credit for up to a year if you have more than £16,000.
Universal Credit is made up of a standard allowance, which is the basic amount you get before any additional elements - for example, if you have children or are unable to work due to illness - or any deductions are taken into account.
But if you have savings or investments, the Department for Work and Pensions (DWP) can reduce your Universal Credit payments, or stop your claim altogether.
Here is how much your payments will rise by, although keep in mind Universal Credit is paid in arrears, so you may not see these increased amounts until May or June.
Some people get a "work allowance" which is a set amount you can earn before your Universal Credit is reduced.
