State pensions: 'This is a life changing amount of finance'

Martin Lewis reveals how to boost your state pension, before the transitional arrangements come to an end and you can no longer buy back missing National Insurance payments.

Martin says this is crucial to understanding and taking advantage of the system.

"This is a monumental, life changing amount of finance for your retirement. This is absolutely crucial for anyone aged under 73", he said.

After the end of this tax year, you can only buy back six tax years of National Insurance instead of clawing back outstanding payments going back to 2006.

This clip was originally from Nihal Arthanayake on 8 May 2024.

Listen to the Martin Lewis Podcast on BBC Sounds.