SASSA Pensioner Reveals What Payment Date Changes Cost Him

SASSA pensioner reveals what payment date changes cost him

A Free State pensioner says shifting SASSA payment dates triggered losses he never expected, and it's not just about the money.

Pensioners risk losing payments over inheritance gifting ‘trap’

Australia’s intergenerational wealth transfer is quietly creating a new class of financial headache: age pensioners sitting on inherited money they cannot easily spend, save or pass on without triggering penalties. As household wealth soars and inheritances grow in size, it’s creating a modern problem for retirees who may be a beneficiary but can be stung by rules that can affect their pension payments. The tension is sharpest around gifting. Se…