Age Pension: Is my super benefit counted towards the Centrelink Pension assets test?
Q: Can you please confirm whether the assets held in a superannuation fund count towards the Centrelink asset test/income test?
Commonwealth Seniors Health Card: Am I eligible if I live in a commonwealth country?
Q: Could you tell me if the Commonwealth Seniors Health Card is available to Commonwealth Seniors? If not, why is the term Commonwealth used? We are UK seniors resident in the UK, but are house owners in WA and spend three to six months each year in WA on a tourist visa.
Are you eligible for a Commonwealth Seniors Health Card?
The question is a popular one among prospective retirees, and the answer can be best explained by dividing the question into four parts.
Family tax benefits: do my tax-free super benefits count as income?
Q: Apart from a Public Sector PSS Super account, I have a superannuation account with AGEST to which contributions were made solely through salary sacrifice arrangements.
Salary-sacrificed contributions count for Family Tax Benefit
Q: I was wondering what you know about salary sacrifice super being included in Family Tax Benefit family income calculations?
Super tax refund for lower-income earners is a winner
If you earn less than $37,000 a year, and your employer makes concessional (before-tax) superannuation contributions on your behalf, then you can expect a refund of the contributions tax deducted from your super account, paid directly to your superannuation account by the Federal Government.
Turn zero dollars into $2250 in four steps
I don’t normally suggest ‘easy money’ strategies. I’m often sceptical about the motives of the individuals suggesting such strategies, which means I don’t like being boxed in that same category. In this instance however, I am going to explain a [...]
