Quantcast
Channel: MoneySavingExpert.com Forums - Benefits & Tax Credits
Viewing all articles
Browse latest Browse all 22680

How much savings am I allowed?

$
0
0
Hello everyone :)
I am really confused and I am hoping you can please help me.
I receive Income Related Support Group ESA and DLA.
I have heard that the maximum savings I can have for these are, for ESA, £16,000 and for DLA, £10,000.
Also, I have heard that if my bank account goes over £6,000 my ESA will be affected.
Is all of this true?

If it is, how much of a cut in my benefits will there be if I do go over £6,000?

Should I go over £6,000 and take a cut or stay below it? Which would be best for my savings, please? (I'm trying to save up, not sure what for, just for the future).

Thank-you (and sorry about all the questions).
From Libby

Viewing all articles
Browse latest Browse all 22680

Trending Articles