Navigated to 347 age pension updates, deeming rises, concession cards & the work bonus explained
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347 age pension updates, deeming rises, concession cards & the work bonus explained

November 26
56 mins

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Episode Description

Due to popular demand, Justin Bott from Services Australia returns to the show to chat with Glen about the major Centrelink changes, a 101 on concession cards + the work bonus. They talk about:


๐Ÿ‘‰ indexation changes to pensions - what increased

๐Ÿ‘‰๐Ÿผ how the assets test and income test actually work

๐Ÿ‘‰๐Ÿฝ what is deeming

๐Ÿ‘‰๐Ÿพ the new deeming rates

๐Ÿ‘‰๐Ÿฟ benefits of deeming

๐Ÿ‘‰๐Ÿป Commonwealth Seniors Health Card - whoโ€™s eligible + the benefits

๐Ÿ‘‰ Medicare safety net tips

๐Ÿ‘‰๐Ÿผ applying for a commonwealth seniors health card

๐Ÿ‘‰๐Ÿพ Seniors Card & Pensioner Concession card eligibility + benefits

๐Ÿ‘‰๐Ÿฟ Low Income Health Care card eligibility + benefits

๐Ÿ‘‰๐Ÿป the work bonus explained

๐Ÿ‘‰ work bonus case study example


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Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. Symo Interactive Pty Ltd trading as Retire Right Australia & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.Martin McGrath, Financial Edge Group and their employed financial advisers are authorised representatives of Synchron Advice AFSL 243313.

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