Jul 6, 2020 | Blog, Contributing to Super, Superannuation, Superannuation Tax
There are a number of risks and disadvantages of salary sacrificing into superannuation. Understanding the disadvantages of salary sacrifice is important before using this strategy to save towards retirement. The risks and disadvantages associated with a salary...
Jun 16, 2020 | Blog, SMSF, SMSF Property, Superannuation
It is possible to use your superannuation to purchase land. Your super fund’s investment menu and investment strategy will determine how you can invest your super. For ordinary Industry Super funds or Public Offer fund, the investment menu is somewhat limited....
Jun 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...
May 1, 2020 | Accessing Superannuation, Blog, Retirement Income Streams, SMSF, Superannuation
This article walks you through a transition to retirement example and the transition to retirement rules. A transition to retirement pension income stream is an income stream commenced using your some or all of your superannuation savings while you are still working,...
Mar 24, 2020 | Accessing Superannuation, Blog, Centrelink, Superannuation
If you are suffering from financial stress as a result of the coronavirus, you may be eligible to access some of your superannuation. Generally, you are unable to access your super until you meet a full condition of release, such as retirement or reaching age 65. The...
Mar 10, 2020 | Blog, Contributing to Super, Super Fees, Superannuation
It is important to understand the superannuation fees both when you are working and when you are not working. The range of fees between all of the superannuation funds available in Australia is staggering. It is possible you are paying high fees within your super fund...
Jan 4, 2020 | Blog, Centrelink, Retirement Income Streams, SMSF, Superannuation
A grandfathered account based pension is an account based pension where the assessment of the pension income is calculated using the deductible amount method. The current assessment of a non-grandfathered account based pension for social security or aged care purposes...
Jan 2, 2020 | Accessing Superannuation, Blog, Centrelink, Retirement Income Streams, Superannuation
An indexed pension is an income stream that has income payments progressively increasing in value. The purpose of this is an attempt to ensure that the pension recipient has the ability to continue covering living expenses, despite the cost of living increasing due...
