Centrelink

Objective:

• Optimises for maximum Centrelink entitlement.

Suitable for:

• Post-retirees looking to maximise their Centrelink entitlement.

Key features:

• Calculates whether a cash out & re-contribution to a younger partner will increase Centrelink entitlement;

• Considers both allowances & age pension;

• Models gifting if required;

• Considers all pension/annuity types in calculating Centrelink entitlement including:

-Annuities;

-Term Allocated pensions;

-Lifetime pensions;

-Defined benefits;

-Account based pensions pre & post Jan 15)

• Optimises whether existing pensions should be rolled to new Account Based Pension based on post Jan 15 deeming rules. 

Results:

• Compares Centrelink entitlement before and after recommendations.