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aussie seniors money · Inner Circle — Issue #378-min read

The Age Pension Income Test Trap Most Retirees Miss

A lot of folks think a little part-time work or a term deposit will cost them their whole pension — and they're often wrong. The truth comes down to the income test thresholds and the deeming rules, which quietly treat your savings differently than you'd expect. Here's the part almost nobody explains: the first thing to check before you touch anything is whether your money is actually being deemed at the rate you think, because

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“I finally understood the deeming rules after years of guessing. The weekly letters are plain and short, and I've stopped second-guessing every dollar I put in the bank.”

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Testimonials are illustrative composites, not quotes from named individuals. Results vary with your effort.

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