Nov 27, 2019 | Accessing Superannuation, Blog, Insurance in Super, Retirement Income Streams, SMSF, Superannuation, Superannuation Tax
The superannuation preservation age changes from age 55 to 60 depending on your date of birth. The change in superannuation preservation age signifies when you are able to access your super savings. You can use your preservation age to calculate how long it takes to...
Oct 14, 2019 | Blog, Death Benefits, Insurance in Super, Reversionary Pensions, SMSF, Superannuation
A lapsing binding death benefit nomination is a super nomination that has an expiry date. There are various death benefit nominations you can make. Generally, a non-binding nomination will be non-lapsing. A binding nomination can be lapsing or non-lapsing. The type of...
Nov 22, 2018 | Blog, Contributing to Super, Insurance in Super, Superannuation
Catch-up super contributions relate to the concessional contribution cap. A concessional contribution is defined as a contribution where the contributor claimed a tax deduction for making the contribution. The amount of concessional contributions that can be made each...
Oct 10, 2018 | Accessing Superannuation, Blog, Insurance in Super, SMSF, Superannuation, Superannuation Tax
This article explores whether TPD insurance is tax deductible within a SMSF. TPD stands for Total and Permanent Disability. In certain circumstances, the premiums for TPD insurance can be a tax deductible expense to an SMSF. TPD is an insurance that can be owned...
