Nov 19, 2019 | Accessing Superannuation, Blog, Retirement Income Streams, Superannuation
What is the retirement age for someone born in 1966? The retirement age for someone born in 1966 in Australia depends on whether you are referring to your superannuation retirement age, or when you can collect social security. This article explores superannuation and...
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...
Oct 11, 2019 | Accessing Superannuation, Blog, Centrelink, Retirement Income Streams, SMSF, Superannuation
When can you retire if you were born in 1968? Retirement is based on your ability to cover living expenses without needing to earn a work-related income. You may choose to continue working after reaching retirement, but it is good to know your full retirement age. If...
Oct 10, 2019 | Accessing Superannuation, Blog, Retirement Income Streams, SMSF, Superannuation
There are a number of differences between account based pension vs transition to retirement pensions. Account based pensions and transition to retirement pensions share the same base rules, but have some notable differences. Overall, an account based pension provides...
Oct 9, 2019 | Blog, Centrelink, Retirement Income Streams, SMSF, Superannuation
What is a commutation payment? Commutations are a withdrawals made from the capital supporting an account based pension. Commutations may affect Centrelink entitlements. The extent to which commutations affect Centrelink entitlements depends on a few factors, which...
