Super for beginners, part 17: Four must-knows about super’s tax rules
If it were not for tax, superannuation wouldn’t exist.
Super for beginners, part 16: Tax-free twice
When you reach 60 and start a retirement income stream you get two dollops of tax-free super. If you’re aged 60 years or over, any lump sum or income stream benefits you receive from a taxed super fund (90% of all super benefits) are tax-free.
Super for beginners, part 13: Why pick one industry super fund over another?
Q: I know that industry super funds generally have a good performance – particularly because of low fees, but I wondered, what is the benefit of picking one for your particular industry?
Super for beginners, Part 9: If I retire and take my super, can I return to work?
Q: Hi I am 58 years old. Apparently you can get a lump sum of super before 60 if you have permanently retired. Can you still later look for work again? How do you prove you have permanently retired? The [...]
Super for beginners, part 5: Is super my money, or the Government’s money?
Q: I never understood the term ‘superannuation’. Is that our money or government money? If it is our money why can’t we do whatever we want with it. Isn’t it illegal to cut our rights when it comes to this [...]
Super for beginners, part 4: My son’s super account is bleeding fees
Q: Hi, I am inquiring on behalf of my son who is unable to work at this stage of his life. It has been three years since he worked. He doesn’t have much in the fund and it is going [...]
