Women and super

Women and superannuation is a special section that includes articles that women may find of special interest, or deal specifically with issues affecting women such as: how much super is enough, how long can you expect to live, divorce, retirement planning in six steps and many more topics.

Set out below are all SuperGuide articles explaining Women and super.

No tax in retirement because you SAPTO (updated rates)

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This article is updated annually with new rates, or periodically to highlight changes (if any) to the Seniors & Pensioners Tax Offset (SAPTO) rules. This article includes SAPTO rates for the 2014/2015, 2013/2014, and 2012/2013 years, and SATO rates for the 2011/2012, 2010/2011, 2009/2010 and … [Read more...]

What are the super and retirement rules for over-65s?

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Q: My wife (age 63) and myself (age 65) have a small business. I was told by an organisation that at 65 or over I could put money into super, pay 15% tax on the way in and then draw it out when I wished and pay no tax. In fact I have been told to pay myself $30,000 or less and source the rest of my … [Read more...]

Age Pension: Income test thresholds from 20 March 2015

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The UPPER income thresholds for the Age Pension income test increased again on 20 March 2015, which means more Australians are now eligible for a PART Age Pension. A single person can earn just under $49,000 a year, and still receive a PART Age Pension, while a couple can earn just over $74,800 a … [Read more...]

Life expectancy: Will you outlive your retirement savings?

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The Liberal government has previously flagged that it will be actively encouraging innovative retirement products to ensure Australians have options to “better manage the financial risks they face in retirement, such as market risk, inflation risk and the risk that they may outlive their retirement … [Read more...]

Updated life tables: Have our Australian life expectancies peaked?

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Australians born today are expected to live longer than Aussies born five years earlier, on average, according to the Australian Life Tables. The prospect of a longer life doesn’t seem to apply however if you’re a woman or man in your late-eighties or nineties (see tables 1 and 2 later in this … [Read more...]

Financial advice: Only 54 independent financial advisers in Australia

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Note: This article is updated regularly when new financial advisers join the independence club (latest update February 2015). A financial adviser does not have to be a member of the IFAAA to join the SuperGuide list, provided they can declare that they satisfy the requirements of being an … [Read more...]

I’m 58 and I have $230,000 in super.
Will my super be taxed?

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Q: I’ve just turned 58, and I’m thinking of retiring before I turn 60. I would like to know whether I would have to pay tax on my superannuation. I know that after I turn 60, it’s tax-free, so my inquiry is regarding the period until I turn 60. My super money consists of compulsory employer … [Read more...]

Age Pension: Deemed income falls from 20 March 2015, with lower rates

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If you own financial investments and receive the Age Pension, or you hope to claim the Age Pension, then you need to be aware of a recent change to the deeming rates applicable to financial investments, and the annual change (every July) to the deeming thresholds for the Age Pension income test. … [Read more...]

SuperGuide checklist: 10 more ways to boost your super

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Note: This article is the second in a special two-part series that SuperGuide updates regularly, designed to help SuperGuide readers more easily access the hundreds of questions and articles that we have published on the SuperGuide website. This article, ’Super checklist: 10 more ways to boost your … [Read more...]