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Means Tested Benefits

Means-tested benefits are government programs or financial assistance schemes where eligibility is determined by the recipient's income and financial resources. These benefits are provided to individuals or households whose income and assets fall below a certain threshold, ensuring that support is directed towards those with the greatest financial need.

Examples of means-tested benefits include:

  1. Pension Credit: A benefit for people over the State Pension age, helping to top up income for those with limited retirement savings.
  2. Universal Credit: A payment to help with living costs for individuals or households on low income or out of work.
  3. Housing Benefit: Assistance with housing costs for low-income households.

These benefits aim to alleviate financial hardship by ensuring that support is targeted at those who need it most.


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