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? https://www.youtube.com/watch?v=dVT2yp6OyrU&t=5s Age Pension Asset Test - THE TRUTH REVEALED: https://www.youtube.com/watch?v=UTs9uwCaMFE&t=715s 9 ways to legally hide money from Centrelink Age Pension: https://www.youtube.com/watch?v=Z0Via9y3vLE&t=352s To download the book 12 PRINCIPLES OF INVESTING: https://ebook.aboutretirement.com.au/12-principles-of-investing-download Contact details: Katherine Isbrandt of About Retirement Website: https://aboutretirement.com.au/ Email: hello@aboutretirement.com.au Or connect with me: https://www.facebook.com/katherineisbrandt/?modal=admin_todo_tour https://www.linkedin.com/in/katherineisbrandt/ https://www.instagram.com/katherineisbrandt https://www.pinterest.com.au/katherineisbrandt/pins/ FSG: https://aboutretirement.com.au/wp-content/uploads/2025/01/FSG-4.0-Online.pdf Katherine’s Adviser Profile: https://aboutretirement.com.au/wp-content/uploads/2025/01/KI-Adviser-profile-Online-PDF.pdf Shaun’s Adviser Profile: https://aboutretirement.com.au/wp-content/uploads/2025/01/SJ-Adviser-profile-V2-Online-PDF.pdf #KatherineIsbrandt #AboutRetirement #AgePensionDeemingRates