The Funeral Bond Allowable Limit is used to determine the maximum amount that can be invested in a funeral bond that will be considered an exempt asset as part of the assets test used by Services Australia.

The funeral bond limit for the 2022-23 financial year will increase to $14,000, previously it was $13,500. The Department of Social Services review this limit on 1 July each year.

For more information on the nature of how funeral investments are assessed by the Government, please visit the Services Australia website here.