If you receive Centrelink payments such as the Disability Support Pension, it's natural to wonder whether a TPD payout could affect them.
How a lump sum can interact
A TPD payout is generally counted under Centrelink's assets and income tests once received, which can affect means-tested payments depending on what you do with the money.
What can influence the impact
- Whether you keep the lump sum, spend it, or recontribute it to super.
- Your overall assets and income position.
- Your age and pension type.
Plan before the money arrives
Because how you handle the payout matters, it's worth getting financial advice early. This is general information only, not financial advice.
To find out whether you even have a claim, start with our free eligibility check.