What you need to know about deeming rates

Money and Life
(Financial Planning Association of Australia)

For older Australians looking to make the most of their finances in retirement, deeming rates can be an important factor in their income situation. Find out what deeming is all about and how the recent changes in deeming rates could affect your retirement income.

What is deeming?

The deeming rate is used by Centrelink to work out assumed income from