New Age Pension Rates commenced today The new Age Pension rates for the Means Test commenced July 1st. This means Seniors can earn slightly more, or have slightly higher assets, before they start losing some of their Age Pension entitlements. Some of...
Many Seniors have seen their retirement savings take a hit over the last few months and interest rates are extremely low for those with money in bank deposits. While Seniors are quite rightly focused on their health and safety right now some are also...
How does this impact your entitlements? The new Centrelink deeming rates are changing effective from the 1st of May. These changes will put money back into the pockets of senior Australians receiving the Age Pension, and may increase the number of...
Help in a time of uncertainty In light of the current COVID-19 crisis, Australians of all ages are advised to stay at home, practise social distancing, and always wash hands. The risks are higher for older people and those with pre-existing conditions such...
Living under one roof as individuals requires a lot more information to be provided to Centrelink so they can accurately assess whether you are indeed a couple or a single. To this end you will probably be required to complete the Centrelink...
Centrelink have now announced the changes to Age Pension income and asset thresholds plus payment rates. For senior Australians receiving the full Age Pension this translates to an additional $7 per fortnight for singles and $10 per fortnight for couples...
“My spouse doesn’t qualify, I didn’t know I could still get the Age Pension” DID YOU KNOW: 75% of Older Australians surveyed by YourLifeChoices in 2018 say the rules and regulations of retirement income are too complicated. “They are not sure about Age...
Patience is a virtue. But why wait for months to get your Age Pension if there’s a faster option? The current average wait time for an Age Pension approval is 49 days, but there are stories of seniors waiting much longer for their entitlements. The...
New Age Pension payment rates and Income and Asset test thresholds have come into effect today. Age Pension Payment Rate Changes Centrelink has reviewed and increased Age Pension payment rates. For senior Australians who are receiving the full Age Pension...