Financial Stability - Some Retirees Might Now Be Eligible

Some Retirees Might Now Be Eligible

Some Retirees might now be eligible…

In addition to Centrelink Age Pension, Disability Support Pension and Carer Payments increasing from 20 March 2022 – maximum Single Pension will be $987.60 p.f., and $1,488.80 p.f. per Couple…

The Asset limit has also increased!   For a couple, the asset limit is now $901,500, and for a single, the new limit is $599,750.

If your assets are below these limits (not including the family home), you may be eligible for at least a Part Age Pension.  (Providing you also pass the “Income” test).

 To ascertain your eligibility, consider an initial general appointment with Financial Stability, who will explain the various requirements, to establish if you are eligible.

Contact us on 03 9383 1112 for an appointment.  (Zoom appointments also available).

Sonia Turkovic of Financial Stability is an Authorised Representative of Count Financial Ltd ABN 19 001 974 625 AFSL No. 227232 which is 85% owned by CountPlus Limited ABN 111 26 990 832 (CountPlus) of Level 8, 1 Chifley Square, Sydney 2000 NSW and 15% owned by Count Member Firm Pty Ltd ACN 633 983 490 of Level 8, 1 Chifley Square, Sydney 2000 NSW. CountPlus is listed on the Australian Stock Exchange. Count Member Firm Pty Ltd is owned by Count Member Firm DT Pty Ltd ACN 633 956 073 which holds the assets under a discretionary trust for certain beneficiaries including potentially some corporate authorised representatives of Count Financial Ltd. The information on this web page is not advice and is intended to provide general information only. It does not take into account your individual needs, objectives or personal circumstances.

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