Aug 14, 2020 | Blog, Death Benefits, Retirement Income Streams, Reversionary Pensions, Superannuation
A reversionary pension is an income stream pension that automatically passes to the reversionary beneficiary upon death of the original owner of the pension. A reversionary pension beneficiary is a person who will receive an income stream pension when the original...
Aug 6, 2020 | Blog, Contributing to Super, SMSF, Superannuation, Superannuation Tax
Can I put redundancy into super? This is a good question and important to understand. Making contributions to superannuation can provide you with tax concessions and may result in you effectively paying less tax on your redundancy payment. Rolling a redundancy payment...
Aug 2, 2020 | 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...
Jul 28, 2020 | Blog, Contributing to Super, Featured, Superannuation, Superannuation Tax
Comparing Concessional and Non Concessional contributions. This article discusses the difference between Concessional and Non-Concessional contributions, including what are Concessional and Non-Concessional contributions. There are only two types of contributions that...
Jul 13, 2020 | Accessing Superannuation, Blog, Contributing to Super, Death Benefits, Featured, SMSF, Superannuation, Superannuation Tax
A superannuation recontribution strategy involves withdrawing some or all of your super balance and recontributing back into super as a non-concessional contribution. It is a reasonably common strategy recommended by financial advisers to their clients under certain...
Jul 1, 2020 | Blog, Contributing to Super, Superannuation
Salary Sacrificing to Superannuation allows you to build up your retirement savings while simultaneously reducing your personal income tax. Find out more about Salary Sacrificing here. Determining the amount that you can salary sacrifice doesn’t need to be...
