347 age pension updates, deeming rises, concession cards & the work bonus explained cover art

347 age pension updates, deeming rises, concession cards & the work bonus explained

347 age pension updates, deeming rises, concession cards & the work bonus explained

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Due to popular demand, Justin Bott from Services Australia returns to the show to chat with Glen about the major Centrelink changes, a 101 on concession cards + the work bonus. They talk about:


👉 indexation changes to pensions - what increased

👉🏼 how the assets test and income test actually work

👉🏽 what is deeming

👉🏾 the new deeming rates

👉🏿 benefits of deeming

👉🏻 Commonwealth Seniors Health Card - who’s eligible + the benefits

👉 Medicare safety net tips

👉🏼 applying for a commonwealth seniors health card

👉🏾 Seniors Card & Pensioner Concession card eligibility + benefits

👉🏿 Low Income Health Care card eligibility + benefits

👉🏻 the work bonus explained

👉 work bonus case study example


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Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. Symo Interactive Pty Ltd trading as Retire Right Australia & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.Martin McGrath, Financial Edge Group and their employed financial advisers are authorised representatives of Synchron Advice AFSL 243313.

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