Age Pension Deeming Rates - UNFAIR RULES #AgePensionDeemingRules

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/... Contact details: Katherine Isbrandt of About Retirement Website: https://aboutretirement.com.au/ Email: [email protected] Or connect with me: https://www.facebook.com/katherineisb...   / katherineisbrandt     / katherineisbrandt   https://www.pinterest.com.au/katherin... FSG: https://aboutretirement.com.au/wp-con... Katherine’s Adviser Profile: https://aboutretirement.com.au/wp-con... #KatherineIsbrandt #AboutRetirement #AgePensionDeemingRates