Are you concerned about your Social Security (and Department of Veterans’ Affairs) pensions and other income support benefits due to the Coronavirus situation? Recent changes in the value of your investments due to market movements may increase your social security entitlements, or you may become eligible for a benefit.
A further reduction in deeming rates was announced on 22 March. The deeming rates will reduce as follows: The deeming thresholds are unchanged at $51,800 (single)