Super Insider Age Pension expert Q&A - rules, common mistakes & how to qualify (Australia)
Our first Age Pension episode was a massive hit so we’re back with a second instalment.
In this episode of Super Insider, Age Pension expert Justin Bott from Services Australia returns, this time with ART’s Education Team Leader, Kane Everingham. Together, they tackle some of the most common – and misunderstood – questions about the Age Pension.
You’ll hear simple answers about who qualifies, what the income and asset tests involve, and how you can keep more money in your pocket.
00:00 Age Pension Q&A: What you need to know
02:06 What’s the Age Pension?
02:41 Who is eligible for the Age Pension?
03:24 What are the income and assets tests?
05:35 Can I earn an income and still get a pension?
07:51 What happens if I apply for Age Pension before my partner?
09:11 How does my super impact my pension?
09:44 What’s a deemed financial asset?
12:45 How does lump sum super withdrawals affect the Age Pension??
14:50 What are some common misunderstandings about the Age Pension?
17:12 Does home ownership change my Age Pension eligibility?
19:10 Can I downsize my home and get the Age Pension?
20:41 Does receiving an inheritance affect my pension?
24:10 Can I gift money or assets without it affecting my pension?
27:40 Can I loan money while receiving Age Pension?
28:45 When’s the best time to apply for the Age Pension?
29:55 What do I need to apply for the Age Pension?
If you’re confused about how the Age Pension works, wondering if you’re eligible, or want to know how your super and other assets could affect your payments, we’ve made this episode for you.
Jump in and listen now. 🎧
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