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Comparison of Seniors Concession Cards

WEBWe focus below on two cards provided by the Federal Government; the Pensioner Concession Card (PCC) and the Commonwealth Seniors Health Card (CSHC), …

Actived: 3 days ago

URL: https://simplyretirement.com.au/age-concession-cards-comparison

Travel insurance for seniors

WEBWe will update this analysis post the Covid 19 pandemic of 2020/2021 when international travel insurance again becomes generally available. Premiums may vary - and certainly …

Category:  Health Go Health

Health insurance in retirement

WEBWhy private health insurance is maintained despite the (increasing) cost predominantly comes down to the following factors in order of importance: Security/protection/peace of …

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Foreign Pensions in Australia

WEBConsequently, the receipt of a foreign pension may reduce your Australian pension by up to 50 cents for every $1 of comparable foreign pension received, if you exceed the income …

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Best retirement countries in Asia

WEBManila, Cebu, Palawan) attractive to retirees. Regular political uncertainty, but a strong democratic tradition. Continuing security issues in the southern Muslim provinces …

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When a means tested daily care fee (MTCF) applies and how its …

WEBAnnual and Lifetime Caps. There are both annual and lifetime caps applying in relation to the means-tested care fee. Note that any income-tested care fees paid within a Home …

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Eligibility and conditions applying to the Work Bonus

WEBBob claims the single Age pension and works on a regular, part time basis at a local store, earning $396 per fortnight with no other income sources. Applying the …

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Conditions of release for Australian superannuation

WEBSuperannuation benefits may be released on specified compassionate grounds if a member has to: pay for medical or dental treatment, for either themselves or a dependent or pay …

Category:  Medical Go Health

Valuation of Assets for the Age Pension

WEBFrom 1 January 2015, account based income stream balances are (along with an individual's other financial assets) deemed for income test purposes. Income streams …

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Qualifying for the Age pension

WEBThe Australian Government's Age Pension is designed to provide income support for eligible older Australians and is indexed twice each year, on 20 March and 20 …

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Claiming an Australian pension while resident overseas

WEBSecondly, the amount of any Age pension paid overseas may be impacted by your Australian Working Life Residence (AWLR) or years in Australia between the ages of 16 …

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Details of the Home Equity Access Scheme

WEBThe Home Equity Access Scheme (previously Pension Loan Scheme) On December 15, 2021 the Minister for Families and Social Services announced that the Pension Loans …

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Issues to consider for Australians retiring Overseas

WEBIf you are resident overseas and return to Australia in order to lodge a claim for pension, which is then granted, you cannot usually take that pension outside Australia if you leave …

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What is the MPIR

WEBSo, the process in summary to find the MPIR involves the following: Base Interest Rate = monthly average yield of 90 day bank bills. Base Interest Rate + 7% = General Interest …

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RAD and DAP Frequently asked questions

WEBIn essence, the DAP is the interest charged on the unpaid RAD, as follows: DAP = (RAD x MPIR)/365. Where: DAP = Daily Accommodation Payment. RAD = Refundable …

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Recent Australian Retirement News

WEBHow retirement village residents could get better quality care - SMH 10/4/24. Australians are retiring at their oldest since the 70s as COVID pushed more over 55-year-olds back into …

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Retiring overseas

WEBMajor Issues when Moving Overseas. Almost without exception we believe that any Australians retiring overseas should seek financial advice before doing so, but consider …

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Superannuation Investment Performance

WEBThe charts below illustrate the Top 10 best performing balanced Super Funds over the calendar year ending March 31, 2024 and over the last five years, according to …

Category:  Health Go Health

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