Exempt Funeral Investments: Threshold Increase July 1st, 2018

The Department of Social Services has now determined the new and increased social security exempt funeral investment threshold for the 2018-19 year.

The new threshold, which will take affect from July 1st 2018, is $13,000.

This is an increase from the previous year’s threshold of $12,750.

For more information on the nature of how funeral investments are assessed by the Government, please visit the Department of Human Services website here.