What to know before applying for the Australian Age Pension

There are some common myths about the Age Pension that stop people from applying - or cost them money when they do. In this video, Justin Bott from Services Australia busts some of the most common myths and walks through everything you need to do before you apply. Justin covers: Why you can still work and receive the Age Pension, and how much you can earn How the Work Bonus works, including the $11,800 maximum balance What the gifting rules actually say — and what they don't How to set up myGov and apply up to 13 weeks early Which documents to gather before you lodge your claim See also our video on what Age Pension recipients must report to Centrelink:    • Keeping Centrelink up to date: What Age Pe...   All information provided by SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions. Superguide Pty Ltd ATF Superguide Unit Trust as a Corporate Authorised Representative (CAR) is a Corporate Authorised Representative of Independent Financial Advisers Australia, AFSL 464629.