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Income support asset limits
Assets value limit |
|||
Homeowner |
Limit |
||
Single |
$192,500.00 |
$192,500.00 |
$0.00 |
Partnered (each) including illness separated and respite care |
$136,500.00 |
$136,500.00 |
$0.00 |
Non-homeowner |
Limit |
||
Single |
$332,000.00 |
$332,000.00 |
$0.00 |
Partnered (each) including illness separated and respite care |
$206,250.00 |
$206,250.00 |
$0.00 |
Extra allowable amount |
Limit |
||
Extra allowable amount |
$139,500.00 |
$139,500.00 |
$0.00 |
Asset Levels at which SP/AP ceases (non-transitional) |
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Low Limit |
Limit |
||
Not a Member of a Couple |
$707,750.00 |
$731,500.00 |
$23,750.00 |
Partnered - combined |
$1,050,000.00 |
$1,086,000.00 |
$36,000.00 |
Illness Separated - combined |
$1,303,500.00 |
$1,351,000.00 |
$47,500.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$847,250.00 |
$871,000.00 |
$23,750.00 |
Partnered - combined |
$1,189,500.00 |
$1,225,500.00 |
$36,000.00 |
Illness Separated - combined |
$1,443,000.00 |
$1,490,500.00 |
$47,500.00 |
Asset Levels at which ISS ceases (non-transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$707,750.00 |
$722,500.00 |
$14,750.00 |
Partnered - combined |
$1,050,000.00 |
$1,072,000.00 |
$22,000.00 |
Illness Separated - combined |
$1,303,500.00 |
$1,333,000.00 |
$29,500.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$847,250.00 |
$871,000.00 |
$23,750.00 |
Partnered - combined |
$1,189,500.00 |
$1,225,500.00 |
$36,000.00 |
Illness Separated - combined |
$1,443,000.00 |
$1,490,500.00 |
$47,500.00 |
Asset Levels at which SP/AP ceases (transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$642,750.00 |
$655,750.00 |
$13,000.00 |
Partnered - combined |
$1,000,500.00 |
$1,020,500.00 |
$20,000.00 |
Illness Separated - combined |
$1,173,500.00 |
$1,199,500.00 |
$26,000.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$782,250.00 |
$795,250.00 |
$13,000.00 |
Partnered - combined |
$1,140,000.00 |
$1,160,000.00 |
$20,000.00 |
Illness Separated - combined |
$1,313,000.00 |
$1,339,000.00 |
$26,000.00 |
Asset Levels at which ISS ceases (transitional) |
|||
Low Limit |
Limit |
||
Not a Member of a Couple |
$642,750.00 |
$646,750.00 |
$4,000.00 |
Partnered - combined |
$1,000,500.00 |
$1,007,000.00 |
$6,500.00 |
Illness Separated - combined |
$1,173,500.00 |
$1,181,500.00 |
$8,000.00 |
High Limit (without RA) |
Limit |
||
Not a Member of a Couple |
$782,250.00 |
$786,250.00 |
$4,000.00 |
Partnered - combined |
$1,140,000.00 |
$1,146,500.00 |
$6,500.00 |
Illness Separated - combined |
$1,313,000.00 |
$1,321,000.00 |
$8,000.00 |
Assets at which minimum payment paid (non-transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$686,000.00 |
$700,750.00 |
$14,750.00 |
Partnered - combined |
$1,017,000.00 |
$1,039,000.00 |
$22,000.00 |
Illness Separated - combined |
$1,260,000.00 |
$1,289,500.00 |
$29,500.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$825,500.00 |
$840,250.00 |
$14,750.00 |
Partnered - combined |
$1,156,500.00 |
$1,178,500.00 |
$22,000.00 |
Illness Separated - combined |
$1,399,500.00 |
$1,429,000.00 |
$29,500.00 |
Assets at which minimum payment paid (transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$621,000.00 |
$625,000.00 |
$4,000.00 |
Partnered - combined |
$967,500.00 |
$974,000.00 |
$6,500.00 |
Illness Separated - combined |
$1,130,000.00 |
$1,138,000.00 |
$8,000.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$760,500.00 |
$764,500.00 |
$4,000.00 |
Partnered - combined |
$1,107,000.00 |
$1,113,500.00 |
$6,500.00 |
Illness Separated - combined |
$1,269,500.00 |
$1,277,500.00 |
$8,000.00 |
Assets at which ISS reduces (non-transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$551,500.00 |
$561,500.00 |
$10,000.00 |
Partnered - combined |
$737,000.00 |
$750,000.00 |
$13,000.00 |
Illness Separated - combined |
$991,000.00 |
$1,011,000.00 |
$20,000.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$691,000.00 |
$701,000.00 |
$10,000.00 |
Partnered - combined |
$876,500.00 |
$889,500.00 |
$13,000.00 |
Illness Separated - combined |
$1,130,500.00 |
$1,150,500.00 |
$20,000.00 |
Assets at which ISS reduces (transitional) |
|||
Homeowner |
Limit |
||
Not a Member of a Couple |
$486,500.00 |
$485,750.00 |
-$750.00 |
Partnered - combined |
$688,000.00 |
$685,000.00 |
-$3,000.00 |
Illness Separated - combined |
$861,000.00 |
$859,500.00 |
-$1,500.00 |
Non-homeowner |
Limit |
||
Not a Member of a Couple |
$626,000.00 |
$625,250.00 |
-$750.00 |
Partnered - combined |
$827,500.00 |
$824,500.00 |
-$3,000.00 |
Illness Separated - combined |
$1,000,500.00 |
$999,000.00 |
-$1,500.00 |