How to take advantage of the increased Transfer Balance Cap
An increased Transfer Balance Cap creates opportunities to transfer more into the tax-free retirement phase and contribute more to super but beware the fine print!
Articles by Aakash Mehta
Case study: When can I afford to retire?
It’s a common question, and in this case study we follow one couple as they calculate the financial impact of retiring early or delaying by a few years.
Should retirees use their super to become debt free?
There are pros and cons to using some of your super to repay your mortgage when you retire. This is what you need to consider.
Case study: Should a wealth retiree start a super pension or draw on non-super investments first?
Retirees with substantial investments both in and out of super often wonder whether they should start a super pension or draw income from investments outside super first. We look at the pros and cons of both options.
Case study: Recontribution of death benefits?
If your partner dies and you would like to combine your pension with their death benefits, this strategy could provide the way.
Recontribution strategy case study: How super tax components impact estate planning
Learn how to reduce or even eliminate the tax your adult children or other non-dependents pay when they receive your super death benefits.
Case studies: How to make the most of higher contribution caps
Super fund members can make higher contributions this financial year, but the actual amount may depend on whether you’ve previously triggered the bring-forward rule.
Case study: Making super contributions from compensation payments
It’s not widely known, but it’s possible to put money from a personal injury compensation payment into super without many of the usual caps and limits.
Should you fully withdraw super prior to death to minimise tax payable by your beneficiaries?
If you are faced with a terminal illness and still have a substantial super balance, there are ways to minimise the tax your non-dependent beneficiaries end up paying.
Can I access my super? FAQs about conditions of release
If you are under age 65 and want to access your super but not sure whether you are eligible, these answers to frequently asked questions may help.
Case study: How to reduce tax on your TPD payments from super
If you suffer a total and permanent disability, making the most of any TPD insurance you have in super is crucial.
Dual pension strategy: Reducing super death benefits tax for non-dependants
There’s more than one way to reduce the tax your non-dependents pay on your super death benefits, but a dual pension strategy often offers the best outcome.
Case study: Combining downsizer and non-concessional contributions
New rules from 1 July will potentially allow older Australians to bring forward the sale of their home and get two bites of the super contributions cherry.
What are the Age Pension gifting rules?
Many retirees want to help their family financially, but it’s important to understand how gifting money or assets can impact your Age Pension entitlements.
New contribution strategies for retirees
Since new rules came into force last July, people aged 67 to 75 have more opportunities to boost their super even if they are no longer working.
Case study: Boosting retirement income with downsizer contributions
Lee and Mandy are retired and want to see whether downsizing could increase their retirement income.
Case studies: Super death benefit nominations
To ensure your super ends up in the right hands when you die, these examples highlight how even the best laid plans can sometimes have unintended consequences.
Account-based pensions Q&A special (January 2022)
Aakash Mehta answers readers questions about account-based super pensions and when it’s appropriate to start one.
