From 1 July 2026, the maximum amount that can be invested in an eligible funeral bond and remain exempt from the Age Pension assets test has increased to $16,250. One way for pensioners to reduce assessable assets is to invest…
As of 1 July 2026, the maximum contribution limit for a funeral bond to be treated as an Exempt Asset by Centrelink & DVA, has increased from $15,750 to $16,250. That means that a funeral bond will be an Exempt…
A pensioner can invest in a funeral bond up to a maximum threshold (currently $15,500) and their policy will be treated as an Exempt Asset for pension assessment purposes. This can have significant benefits for pensioners. For example, for someone…
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