IMPORTANT: SuperGuide does not provide financial advice. Comments provided by readers that may include information relating to tax, superannuation or other rules cannot be relied upon as advice. SuperGuide does not verify the information provided within comments from readers. Readers need to seek independent advice about their personal circumstances.

Comments

  1. Rodney Huddleston says:

    Is there an upper limit on the age to which you can continue in the accumulation phase?

  2. I’am unsure about this superfund ? my husband is 59 years and I’am 56 years my accountant has put him on a pension from our superfund. he must take out I think about $14,000.00 a year. now we pay every quater IAS to the ATO I don’t understand. he said is it a tax saving Can you give me some light .

  3. kerri moore says:

    My husband turns 65 in may 2014 he will apply for the aged pension then
    My question is will we have to live off his Centerlink pension only I have not worked for the last 8 years
    He has about 200,000 in a super account any advice would help

  4. Violeta Walsh says:

    I really have a question which I hope you can clarify. I am a dummy.
    I am about to retire and expect to be eligible for the maximum rate of age pension. I have less than $100000 in my super and I am wondering if I HAVE to arrange a retirement pension out of this small amount, or whether I can just draw it all down and put it into a bank with a reasonable interest rate. Or whether there will be tax payable when I draw the lot out of my super fund.
    I do understand that the amount would be subject to deeming by Centrelink but would there be other ongoing penalties just to have the super in a bank and able to be accessed as and when I need it ??
    Thanks

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