Age Pension Deeming Rates - UNFAIR RULES

In this very low cash rate environment, I find current AGE PENSION DEEMING RATES a real deception and a little bit of a sham.
Why - you asking? I will answer that question in a minute for you, but first we need to fully understand:
• What is deeming?
• Why government use deeming rules?
• Which of your assets are affected by deeming?
• Who is mostly affected?
• What are deeming rates?
What is deeming?
Simply explained, it is a unified way how the government calculates income you are expected to earn from your financial assets. Deeming is part of Income Test when applying or receiving a pension from DSS (Department of Social Security) or DVA (Department of Veterans Affairs).

00:00 My big question
01:03 Income and Assets Test
01:56 What is deeming?
02:20 Why does the government use deeming?
03:38 What assets are affected by deeming?
05:43 What are non-financial assets?
06:40 Who is mostly affected by deeming?
07:26 What are deeming rates now?
08:25 My argument about deeming

Videos mentioned today:
Age Pension - Are you eligible? IF NOT, WHY NOT?    • Age Pension - Are you eligible? IF NOT, WH...  

Age Pension Asset Test - THE TRUTH REVEALED:    • Age Pension Assets Test - THE TRUTH REVEALED!  

9 ways to legally hide money from Centrelink Age Pension:    • 9 ways to legally hide money from Centreli...  

To download the book 12 PRINCIPLES OF INVESTING:
https://ebook.aboutretirement.com.au/...

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Katherine Isbrandt of About Retirement
Website: https://aboutretirement.com.au/
Email: hello@aboutretirement.com.au

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