Labor’s franking credits policy, How much super will you need?, SMSFs and insurance, Death benefits
Welcome to the October 2018 edition of the SuperGuide newsletter. Highlights include:
- LABOR’S FRANKING CREDITS POLICY: Jim Bonham illustrates how the ALP’s policy will significantly reduce the income for not just SMSFs, but also low and middle income direct shareholders.
- HOW MUCH SUPER WILL YOU NEED? In a series of articles we examine the fundamental questions – when should you retire, how much will you be spending in retirement, and (therefore) how much super will you need? We also crunch the numbers on whether $1m is enough to retire on, and how much super you need to retire on $100,000 per year.
- SMSFS AND INSURANCE: All SMSFs need to consider insurance as part of their investment strategy. We present the rules, the benefits and some frequently asked questions.
- LIFE INSURANCE: Thanks to SuperRatings we can announce the 20 funds with the lowest fees for life / TPD insurance, and the 20 funds with the lowest fees for Income Protection insurance.
- DEATH BENEFITS: Death and taxes are a fact of life, and tax cannot be avoided even by dying. We cover the super death benefit rules in detail and present tax strategies you may wish to consider.
FEATURES
Sorry, no posts matched your criteria.
While none of us knows exactly how long we will live, you can narrow the possibilities with these life expectancy projections based on Australian numbers. Read more.
While none of us knows exactly how long we will live, you can narrow the possibilities with these life expectancy projections based on Australian numbers. Read more.
Your beneficiaries could end up paying more tax than necessary when they receive your superannuation death benefit if you don’t learn the rules that apply. Read more.
Your beneficiaries could end up paying more tax than necessary when they receive your superannuation death benefit if you don’t learn the rules that apply. Read more.
WILL YOUR MONEY LAST AS LONG AS YOU? (UPDATED FIGURES)
To understand how much income you will need to fund your desired retirement lifestyle, first you need to work out how much you are likely to spend. Here’s how. Read more.
To understand how much income you will need to fund your desired retirement lifestyle, first you need to work out how much you are likely to spend. Here’s how. Read more.
The good news is you probably don’t need anywhere near the $1 million often touted to retire in the style to which you have become accustomed. Here’s how to set… Read more.
The good news is you probably don’t need anywhere near the $1 million often touted to retire in the style to which you have become accustomed. Here’s how to set… Read more.
There are no hard and fast rules around when you can retire, but there are practical issues to consider and money is just one of them. Read more.
There are no hard and fast rules around when you can retire, but there are practical issues to consider and money is just one of them. Read more.
CHEAPEST INSURANCE
As the cost of living rises, life and TPD insurance premiums inside super have bucked the trend with little or no movement in 2023. Read more.
As the cost of living rises, life and TPD insurance premiums inside super have bucked the trend with little or no movement in 2023. Read more.
Income protection premiums continued to increase at a significantly higher rate than death and TPD premiums in 2023, but the cost of cover varies widely. Read more.
Income protection premiums continued to increase at a significantly higher rate than death and TPD premiums in 2023, but the cost of cover varies widely. Read more.
SMSF Q&As
While interest rates have lifted off their historic lows, franked dividends from shares are still a happy hunting ground for income-seeking investors. Read more.
While interest rates have lifted off their historic lows, franked dividends from shares are still a happy hunting ground for income-seeking investors. Read more.
Find out how a recontribution strategy can decrease tax for your beneficiaries and help you and your spouse share super balances more evenly. Read more.
Find out how a recontribution strategy can decrease tax for your beneficiaries and help you and your spouse share super balances more evenly. Read more.
Penalties for SMSF breaches rose on 1 January 2023 so it’s now more important than ever to make sure your SMSF is doing the right thing. Read more.
Penalties for SMSF breaches rose on 1 January 2023 so it’s now more important than ever to make sure your SMSF is doing the right thing. Read more.
Your guide to selecting an adequate and appropriate level of the right protection for your family. Read more.
Your guide to selecting an adequate and appropriate level of the right protection for your family. Read more.
Even if you have life insurance outside super or in a pre-existing fund, SMSF trustees are still required to consider their insurance strategy. Read more.
Even if you have life insurance outside super or in a pre-existing fund, SMSF trustees are still required to consider their insurance strategy. Read more.