ESA savings limit
Hello. As we all know the ESA limit is £16.000. Beyond this you are not entitled to this benefit.
What amount of savings can you have before the DWP reduces the monthly amount you get? I think it is £6000. Any savings above £6000 need to be declared to DWP.
Am I correct? Can anybody confirm this for me?
Due to the uncertainty with Brexit I am saving as much as I can. I would be irresponsible not to.
Thank you.
I think you can get contributions based over 16
Thanks jen1973g. I was just wondering what amount of saving you are allowed to have so it does not affect your ESA benefit. Take Care XXX