We explain how the age pension assets and income tests determine how much singles or couples with $500,000 in superannuation would receive.
Australia’s Age Pension is a fortnightly government payment designed to help eligible retirees manage living costs after they stop working. For Australians around age 55, understanding the rules early ...
If you have around $500,000 tucked away in super, you can still receive a part age pension. In fact, you qualify for one in ...
Even being eligible for a very small pension can come with significant savings. But don’t be too eager to give away your ...
Senior Australians will be able to own a higher value of assets and still receive the pension. The changes reflect indexation adjustments, which are made twice per year, to account for inflation.
An income optimisation feature introduced by CFS Superannuation aims to improve the Age Pension for certain members by taking advantage of the deemed earnings rates used by Services Australia when ...