Centrelink use the Asset test and the Income test to work out the pension payments you may receive. The tests are compared, and the one that results in the smaller pension payment is applied. Property or items that you or your partner own in full or part, or have an interest in, can affect your payment. Please refer to the Centrelink website for the full list of assets that may be taken into account. Income test. This includes all sources of income including employment income and investment income.
Read our fact sheet to find out more about eligibility. When you transfer your super to an account-based pension, like our Choice Income account , you can draw payments alongside any Age Pension payments that you may be eligible for. Find out how you can turn your super into a regular income alongside your Age Pension payments with out award winning account-based pension, Choice income. Follow 3 simple steps to find out how much of your super you may be able to use to top up the Government Age Pension.
Here’s how much super Aussies need in their accounts right now to retire comfortably
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We can only applaud a rare moment of bipartisan ambition and optimism in the first week of Parliament, hinting at better things to come. By Lynne Malcolm for All in the Mind. When you're waiting in a queue there are various ways to bide your time: chat to someone, gaze off into the distance, or check your phone.
Is your super on target? | ASIC's MoneySmart
The science of human interaction tells us that the impact on your brain and body is vastly different depending on what you choose. Alison Wylie spent her childhood summers at archaeological excavation sites. Today, she's redefining the field to include Indigenous perspectives. In , illustrator Sophie Beer walked down the aisle with a brain tumour. Two years later her dream came true when she became a Google Doodler.
By business reporter Andrew Robertson. Photo: The big question in super remains, "how much do you need?
Related Story: Bill Shorten admits he 'should have been clearer' about Labor's superannuation policy. Related Story: Women retire with almost half the super as men.
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Simply answer a few questions via Vote Compass. Video: How much super is enough? The Business.