Income Streams

What are Income Streams

Income Streams more commonly known as an Account Based Pensions are a flexible and tax effective (Tax Free to aged 60 and over) retirement product, that invests your your eligible superannuation savings to pay you a regular income.  Account Based Pensions are designed specifically for retirees, semi-retired people or people about to retire, who are looking to:

  • Transfer their eligible superannuation savings into an easy to manage financial structure.
  • Receive a regular income from their retirement savings.
  • Take advantage of pension tax concessions.

Why Pay Tax when you might not have to? 

As a rule – if you are over 60 years old – Nil Tax!  An Account Based Pension offers tax effective investing into a range of selected investment funds with the aim of generating part income and part growth specifically designed to fully or partly fund your retirement. Let a Wealth Connexion Financial Planner guide you in maintaining and/or growing your hard earnt wealth.

What about Centrelink – Will I be eligible ?

A Wealth Connexion financial planner can determine your eligibility to receive cash payments of concession cards.  You might be surprised to find out that you could be eligible for Centre Link benefits and/or Concession Cards.  Centrelink (the Australian Government) may pay you cash benefits which are calculated based on your specific circumstances. We take the hassle out of obtaining benefits if you are rightfully entitled to receive them. You may qualify to receive a cash payment for the following:

  • Aged Pension
  • Pension Bonus Scheme
  • Disability Support Pension
  • Widow Allowance
  • Newstart Allowance
  • Partner Allowance

Am I eligible to obtain Concession Cards ?

Contact Us

let us determine if you are eligible !

For eligible recipients Centrelink Concession Cards can provide you with discounted medicines, reductions on property and water rates, reductions on energy bills, reduced fares on public transport, reductions on motor-vehicle registration and free rail journeys.