Tag Archives: Centrelink

Pensions Centrelink – Summary of current asset test age pension changes 2017

The start of January 2017 saw some significant changes to means testing for Social Security pensions (including the Age Pension). Retire Invest wrote a comprehensive summary in their RIAdvice magazine – Uncertainty around income can be unsettling for those receiving … Continue reading

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Pensions Centrelink – Beware of scams to watch out for targeting pensioners and older Australians

The Australian Government Department of Human Services (DHS) has some great tips on scams to watch out for targeting pensioners and older Australians, June 2017 – Older Australians keep a step ahead of the latest scams Scams are on the … Continue reading

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Pensions Centrelink – Reinstatement of Pension Concession Card

The latest 2017 Australian Government Budget put forward a measure that restores the Pensioner Concession Card (PCC) to people who stopped being eligible for a pension payment due to changes to the assets test. (Still to be approved by legislation). … Continue reading

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Pensions – 2017 the options from super

You can receive your super as a super income stream, super lump sum or a combination of both. The super withdrawal option that you choose may affect the amount of tax you pay. Here is information from the Australian Tax … Continue reading

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Pensions – Centrelink – New Asset Test Levels and taper rate that could reduce the pension received

If you receive or are about to receive an Australian Government pension, there are new asset test levels and taper rates from the start of next year 2017 you need to know about, which could reduce the pension received, as … Continue reading

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Pensions / Income Streams – The Basics for Self-Managed Super SMSF

Starting a pension or income stream in your SMSF (and there are similarities with the big commercial super funds as well, as we are all under the same law – SIS Act – Superannuation Industry Supervision Act 1993) requires certain … Continue reading

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Pensions – Centrelink – Lump sum withdrawal from super and the impact on your aged pension

You take as a lump sum from your super or self-managed super fund (SMSF) and you want to know the impact on your aged pension entitlement. A lump sum is a one off payment of money. How the Australian Government … Continue reading

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