We hope you have had a great start to 2024.
Many people use the start of the new year as a time to think about the year ahead. Perhaps you are about to retire or planning to do so soon. Or maybe you have been retired for some time and are thinking about trying some new things. Many of the decisions you might make, and the options available to you, will be impacted by your finances. So this week we are providing a five step checklist to help you assess your financial health.
When applying for the Age Pension an applicant must meet certain eligibility criteria; Residency Test Income Test Limits Assets Test Limits Whether the applicant is single or a couple is also taken into account. Couples have higher limits for the Income and...
Temporary reduction to the minimum superannuation drawdowns what does it mean? When a retiree commences an account-based pension with their superannuation monies, it pays them an income. Account-based pensions are required by law to pay a minimum income every...