Age Pension calculator| 2024–25 | |||
|---|---|---|---|
| Amount payable |
Maximum LISTO contribution | Maximum adjusted taxable income to be eligible | Income test |
15% x concessional contributions up to $3,333 |
$500 |
$37,000 |
10% or more of total income is derived from business or employment |
Despite its name, the LISTO is not technically an offset, it is payable directly into the member’s superannuation account.
Adjusted taxable income = taxable income (disregarding any assessable FHSS released amounts) + adjusted fringe benefits total + target foreign income + total net investment loss + tax-free pension or benefit + reportable superannuation contributions – deductible child maintenance expenditure.
See FirstTech Super and Retirement Income Streams Guide for further information.