Sentences with phrase «asset test»

If you move into a residential care facility without selling your home, it will be exempt from the age pension assets test for 2 years from the date you move into care.
You may also wish to seek independent financial advice in relation to the age pension asset tests.
Probably didn't want the administrative asset test hassle for ACA.
A lump sum refundable accommodation payment paid to a provider is exempt from the age pension assets test.
As of 20 September 2007, newly purchased market - linked income streams no longer had a 50 % pension balance exemption from the Centrelink assets test.
Information on how states can choose «categorical eligibility» (Cat El) rules to raise or eliminate the federal asset test in the Supplemental Nutrition Assistance Program (SNAP).
The results also indicate that eliminating asset tests may increase the likelihood of receiving cancer screenings by helping low - income individuals remain enrolled in Medicaid.
The balance of your annuity will be assessed under the Centrelink assets test.
«But while it's a hard one to call, they could put an asset test on it — meaning employee stock options would be taxed more heavily for those employees who work for big public companies with a large asset base, like the Big Five banks.
The team also found that Medicaid beneficiaries in states that had an «asset test» (which considers an individual's savings, property, or other items of worth to determine whether he or she could enroll in Medicaid) were less likely to be screened for cancer.
And so I sometimes think of comparing whatever it is we're thinking about to the blue zone people, kind of as our asset test.
Your eligibility for the age pension is worked out by taking into account how much income you get (the income test) and how much your assets are worth (the assets test).
Any foreign corporation (non-U.S.) meeting either the income test or the asset test is considered a PFIC.
The Asset Test is met if 50 % or more of the corporation's average assets consist of assets that produce passive or could produce passive income, or are assets (such as cash and bare land) that produce no income.
This means even when today's asset tests the previous swing, you'll have a greater chance that the breakout will either hold or continue towards the direction of the primary trend.
Two tests - the income and assets tests - are used to assess your eligibility.
Your home and the 2 hectares surrounding it are not counted under the assets test.
The assets test is used to work out your rate of Age Pension based on the value of your assets, including property.
Your pension balance will be counted as an asset under the asset test.
Some benefits are income and assets tested.
Under the assets test, there are hardship rules for situations where you can not sell a particular asset.
Your age pension entitlement depends on the value of your assets (the assets test) and the income you receive (the income test).
Your Age pension entitlement is determined by an income test and an assets test.
For details of your Age Pension eligibility, and the income and assets tests, go to the Department of Human Services website.
The Financial Information Service officer tells her that the $ 300,000 will be counted towards the assets test for her Age pension.
And will a future government add an asset test for eligibility for GIS?
Second, there is the chance that the federal government will eventually nip this in the bud by adding an asset test to GIS.
I recall reading that NZ does not have an assets test when applying for the Age Pension.
Funeral costs you pay for in advance normally don't count in your assets test for payments from us.
As long as you have a contract that says you've paid in full for your funeral, your assessable assets for the assets test won't include:
The value of any assets you give away or sell for less than their value may still count towards your assets test and income test for payments from us.
Most ways of paying for them don't count in your assets test.
You need to do this even if you know they're exempt from the assets test.
Your aim here is to keep the highest amount you can exempt from the assets test.
There's an assets test to qualify.
«But while it's a hard one to call, they could put an asset test on it — meaning employee stock options would be taxed more heavily for those employees who work for big public companies with a large asset base, like the Big Five banks.
It is assumed you are eligible for the age pension if you qualify under the assets test and income test applied by the Department of Human Services.
If you rent your home to pay for periodic accommodation payments, the value of your former home may count towards the Aged Care and Centrelink income and assets test, depending on when you entered aged care.
If you're under age pension age, your superannuation investments don't count in the income and assets tests.
Carer Allowance is not income and assets tested, is not taxable and can be paid in addition to wages, Carer Payment or any other income support payment.
No income or assets test is required.
If you are seeking admission under the Assets test, your company must have at least A$ 1.5 million of working capital.
Once you reach age pension age your superannuation investments will count in the income and assets tests.
AER had a policy that prevented cherry - picking of assets, preventing transfers unless licensees meet a solvency ratio or asset test.
Parties must meet certain income and asset tests and be willing resolve their relationship breakdown using principles of collaborative practice.
They also meet an asset test: $ 3,000 for a single person or $ 6,000 for a household of two, plus $ 200 for each dependent.
They must meet an asset test: $ 4,000 for a single person or $ 6,000 for a household of two.
Geometry Section — Basic high school geometry is the source of the items questions contained in found on this section of the ASSET test.
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