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Commonwealth Seniors Health Card: Benefits, eligibility and how …

WEBThe national benefits of the Commonwealth Seniors Health Card. The CSHC is a concession card that gives you the following benefits: Cheaper prescriptions for …

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URL: https://agepensionguide.com.au/commonwealth-seniors-health-card-benefits-eligibility-and-how-to-apply/

Age Pension rates (March 2024 update)

WEBA couple can earn up to $360 per fortnight before their payments are reduced. Your income earning potential is capped at $2,332.00 per fortnight for a single, or $3,568.00 per …

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Commonwealth Seniors Health Card (CSHC) Q&As

WEBThe current Age Pension eligibility age is 66 years and 6 months. It will rise to 67 from 1 July 2023. You must be living in Australia and an Australian citizen, …

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Are you eligible for the Australian Age Pension

WEBYou need to be an Australian resident for at least ten years to qualify for the pension. five of those 10 years must be consecutive. For example if you’ve lived in …

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Age Pension assets test (March 2024 update)

WEBSource: Services Australia, March 2024. The asset limits are adjusted three times per year in March, July and September, according to the Consumer Price Index (CPI). The Age …

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Q&As: How will super affect my Disability Support Pension and …

WEBSuperannuation is exempt from the Centrelink Assets and Income Tests until you reach age 67, your Age Pension age. So, leaving money in super will allow most people to …

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Age Pension income test: How deeming works

WEBFor couples the first $100,200 of your combined financial assets is deemed at 0.25% with any remaining balance deemed at 2.25%. Example: You have $150,000 of combined …

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How the Disability Support Pension works for Age Pensioners

WEBFor those that are income tested, this could add up to $150 pfn in either Age Pension or Disability Support Pension. However, for Disability Support Pensioners, you may also …

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Age Pension age calculator

WEBUse our calculator to work out when you are eligible and when you can start to apply. Simply select your date of birth by clicking the dash (—) below. On 1 July 2023, the …

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Q&As: Super pensions and the Commonwealth Seniors Health …

WEBAssuming you were granted the card from as early as you eligible date, your Age Pension age in Sep 2016, you would fall under the current assessment. The current …

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Government announces changes to Age Pension rates, thresholds …

WEBAll of these annual changes reflect the rising cost of living in Australia, with the latest annual inflation rate of 6.1% being the highest recorded figure since 1990.. …

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Age Pension calculator (September 2023 update)

WEBWelcome to our Age Pension calculator. Using the calculator is easy. Simply enter your details in the calculator below (in the yellow blocks) and you will be given an estimate of …

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What are the Age Pension residency requirements

WEBFor anyone who has lived outside Australia since 1 July 2014, the residency requirement is 25 years rather than 35. However, if you were to return to Australia for more than 26 …

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How does the Pension Bonus Scheme work

WEBSummary. The Pension Bonus Scheme is a lump sum, tax-free payment that applies to a reducing number of Australians due to the scheme having not accepted new …

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Age Pension income test (March 2024 update)

WEBPension will be cut off if you earn the following. Single person. $2,436.60. Couple living together. $3,725.60 combined. Couple living apart due to health. $4,825.20 combined. …

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Q&As: Buying or selling the family home and the Age Pension

WEBRent assistance of $134.60 per fortnight. Age Pension of $729.30 per fortnight. Total = $863.90 per fortnight. Now they have used the funds to purchase a home, they are …

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What are the gifting rules for the Age Pension

WEBIf you give away an asset or income, then its entire market value will be considered to be a gift. For example, if you gave away a car worth $20,000 to a family member for free. You …

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