Thursday, October 1, 2009

Age Pension update

Did you know that major changes were made to the Age Pension and now apply from 20 September 2009?

The Age Pension age of 65 is increasing, the Assets Test cut-out limits are higher, the Income test has been made tougher and all pensioners have received a pay-rise.

• Do you know your Age Pension age?
• Do you know how much the Age Pension is now worth?
• Most importantly do you know “How to plan NOW to maximise your Social Security entitlements in retirement?”

Allen Private Wealth Advice is pleased to attach an Age Pension update which includes details of the new rules and commentary on the opportunities available.
Click here to read 20%20Sept%20Age%20Pension%20Update.pdf