Boosting your spouse’s super account
Q: My wife and I have established an SMSF. I’m fully employed while my wife has been unemployed since 1 July 2011. She is most unlikely to gain employment before the end of this financial year. My question concerns maximising tax strategies for this year.
SMSF: If I die young, will my wife pay super tax on the life insurance payout?
Q: I have a life insurance policy owned by my self-managed super fund (SMSF) of approx $2 million. Currently there is only about $80,000 accumulated in the fund. I am 40 years old. If I die tomorrow is my wife able access an income stream from the fund tax-free?
Super for beginners, part 7: Can I split my super benefits with my spouse?
Q: I am 41 years old and my partner is 56 years old. We have a very big mortgage as we are both the casualties of wealth destroying divorces and single parenthood! Thus we intend to pay off our mortgage before putting more into our superannuation which will therefore be after the 2012 cut-off date, limiting the amount of $25,000 for my partner’s total contribution.
