Centrelink
How much can I have in the bank before my Age Pension is cut?
It would have to be the most common question we receive. The answer can’t be summarised in a few sentences, instead, we’ll attempt to explain some of the inputs in calculating an Age Pension entitlement in this article.
Read MoreAre you making the most of your concession card benefits?
After working hard and paying taxes for many years, surprise and gratification is something we commonly see when we inform clients they are eligible for a concession card issued by Services Australia (Centrelink).
Read MoreCommonwealth Seniors Health Card – A card for self-funded retirees
It can seem like there isn’t much help available when it comes to your retirement living expenses if you don’t qualify for the Age Pension.
Read MoreWhat is the Home Equity Access Scheme?
What many of these part-age pensioners may not know is that, along with recipients of the disability support pension, carer payment and some other Centrelink payments, they are able to access some of the equity in their home through the Home Equity Access Scheme (HEAS).
Read MoreYour 7 Most Common Centrelink Questions at Retirement
Our top seven Centrelink FAQs to help build your knowledge and know your rights when it comes to the subject of retirement and Centrelink.
Read MoreHow do Centrelink assess my foreign pension?
Many Australians were born overseas or have lived and worked overseas for extensive periods. This can have important implications if and when the time comes to apply for the Age Pension.
Read MoreCentrelink Deeming Rate Changes
With interest rates being cut to all-time lows, Centrelink have reduced their ‘deeming’ rates to better reflect what benefit recipients are receiving.
Read MoreStimulus Package – Commonwealth Seniors Health Care Card
Those who have held the Commonwealth Seniors Health Care Card at any time from 12 March to 13 April 2020, will be eligible for the recently announced support payment. Eligible cardholders will receive two stimulus package installments of $750, one from March 31 and the other from July 13.
Read MoreCentrelink Wait Times
With an ageing population and an ever-increasing number of people applying for Centrelink benefits, the processing times of applications is understandably getting longer.
Read MoreHow to hide money from Centrelink – Legally
Not a day goes go by where I am not asked some form of question about how best to structure (hide) money to protect and improve a Centrelink benefit.
Whilst the term “hiding money” brings thoughts of illegal activity to mind, there are legitimate strategies available to you to preserve or enhance your eligibility for a Centrelink benefit.
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