4.9.2 Asset-Test Exempt (ATE) Income Streams

Introduction

This section contains a description of the characteristics of an ATE income stream and an explanation of how these products are treated under the social security income and assets tests.

Act reference: SSAct section 9(1)-'asset-test exempt income stream'

In this section

This section contains the following topics:

4.9.2.10 Characteristics of pre-20/09/2004 Asset-Test Exempt Income Streams

4.9.2.15 Characteristics of Asset-Test Exempt Income Streams Purchased from 20/09/2004 & before 20/09/2007

4.9.2.17 Retention of Asset Test Exemption for ATE Income Streams Purchased from 20/09/2004, or from 20/09/2007

4.9.2.20 Extension of Asset-Test Exemption to pre-20/9/98 Defined Benefit Income Streams

4.9.2.25 Asset Test Assessment of ATE Income Streams Purchased from 20/09/2004 & before 20/09/2007

4.9.2.30 Income Test Assessment of Asset-Test Exempt Income Streams

4.9.2.40 Commuting an Asset-Test Exempt Income Stream

4.9.2.50 Joint Income Streams

4.9.2.60 Sections 9A (Lifetime) & 9B (Life Expectancy) of the SSAct Applying Prior to 20/09/2004

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Last reviewed: 13 May 2013