Martin Lewis issues urgent warning to claim free DWP £6,000 a year
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Financial expert Martin Lewis is encouraging individuals of state pension age with long-term health issues to claim an additional £6,000 annually. In the latest episode of The Martin Lewis Money Show Live on ITV1 and ITVX, the Money Saving Expert founder Martin urged pensioners coping with illness or disability to explore their eligibility for Attendance Allowance - a benefit provided by the Department for Work and Pensions (DWP). This DWP benefit can provide a weekly allowance of up to £108.55, with a total annual value of £5,644 that is set to increase from April. Importantly, Attendance Allowance is not means-tested, meaning that regardless of your income level, savings, or assets, you may still qualify for the maximum benefit - worth approximately £6,000 per year in DWP cash payments, if you're on the higher rate.
Addressing his ITV audience, Martin stated: "This is for disabled or ill people of state pension age, we need to collectively work together to spread word on this one.", reports the Express. "Most importantly, Attendance Allowance is not means tested, they do not look at your means or how much money you've got. You're either entitled to it or not entitled to it regardless of finances. It is for those who need help with daily living. Both mental and physical conditions.".
Martin proceeded to outline the potential value of this benefit, especially as, unlike the revised Winter Fuel Payment, it does not factor in other income sources or savings. He explained: "So let's look at the amounts. If you need help during the day or in the night, but not both, is the lower rate £73 a week so just under £4,000 a year.".