Tax with Max: The age pension balancing act

The age pension balancing act, deceased estates, and more.

Many retirees employ a strategy – one assumes after first getting some form of professional advice – of ensuring their level of income is such that they can get a part pension and hence the apparent “golden ring” of the health care card.  When does this strategy become economically viable? That is, what is the health care card worth in terms of foregone income?

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