…for families with an annual income from a gainful occupation and with children below 23 years of age living within their household. The benefit incentivises more people to work and helps: single parents in employment who earn more than €6,600 and less than €16,500 and married couples with both parents in employment whose collective income…Details
Part of a superb series of calculators designed to provide an insight of how best to start planning financially for the quality of life you would wish to have when you retire. To download the calculator, please click here. To view a presentation, that explains this calculator in more detail, please click here. An essential…Details
Learning is a lifelong pursuit, which is also celebrated in terms of study credits creditable for your study years upon retirement. You can go on our page for more information. If you have a question, just click on contact us.
In our prior posts, we have discussed the assessment of benefit claims, the outcome of which is your pension payment issued on a four-weekly basis. Is the state pension paid monthly? It has been a while, since the 1980s, that pension payments from the Department of Social Security have been paid in advance and every…Details
In a divorce or separation you will have to divide your finances. The first step in dividing your finances is making sure you know exactly what you own and owe, both as an individual and as a couple. Collect Copies of Important Papers ( (Tab 1) below) Make a List of what You own and…Details
Separating or divorcing is an enormous transition that can be very stressful. It will bring significant changes to you. In the event that you, unfortunately, have to go through a separation or a divorce you should make sure that you have a separation or divorce agreement. The Agreement …a written agreement that formally sets out…Details
KNOW ABOUT Power of Attorney A power of attorney (POA) is a document that allows you to appoint a person or organisation to manage your affairs. All POAs are not created equal. It is a legal document (highlighted in our civil law Articles 1856 up to 1890), also known as “prokura” in the Maltese Language.…Details
Are you eligible for a pension? How much pension will you get? Do you have enough contributions to retire at age 61 instead of at the respective pensionable age? Are you entitled to any credits such as study credits, child rearing credits that would increase your contribution average? How will the percentage (%) increase affect…Details