Agedcare costs.

I continually read in the knowledge being printed by Agedcare  and reprinted by information outlets ,that the Lifetime cap on contribution's is $69000.00 roughly.

it is not ,as that figure is indexed each yearAnd is not quarantined to ones entry into Agedcare.

when my wife entered Agedcare it was $66500.00 roughly.

So it is not a lifetime cap on contributions Just another tax on the old and the sick.

john

 

 

 

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