As MFF is a regulated funeral benefit fund, funds up to $5,000 in each fund are exempt from social security. With this in mind, we only have one plan owner and if there is a requirement to plan for more than $5,000 to be saved, then the excess is in a second fund. There are currently moves to have the Federal Government increase this limit to at least $7,500 to cater for the increasing costs of funerals, mainly burials.<\/p>\n","protected":false},"excerpt":{"rendered":"
As MFF is a regulated funeral benefit fund, funds up to $5,000 in each fund are exempt from social security. With this in mind, we only have one plan owner and if there is a requirement to plan for more than $5,000 to be saved, then the excess is in a second fund. There are […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-261","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/myfuneralfund.net.au\/index.php?rest_route=\/wp\/v2\/pages\/261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/myfuneralfund.net.au\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/myfuneralfund.net.au\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/myfuneralfund.net.au\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/myfuneralfund.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=261"}],"version-history":[{"count":4,"href":"https:\/\/myfuneralfund.net.au\/index.php?rest_route=\/wp\/v2\/pages\/261\/revisions"}],"predecessor-version":[{"id":17388,"href":"https:\/\/myfuneralfund.net.au\/index.php?rest_route=\/wp\/v2\/pages\/261\/revisions\/17388"}],"wp:attachment":[{"href":"https:\/\/myfuneralfund.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}