Oct 5, 2018 | Accessing Superannuation, Blog, Centrelink, Retirement Income Streams, SMSF, Superannuation
The Centrelink treatment of lump sum withdrawals from super is important to understand. There are a number of ways that lump sum withdrawals can be made from super and each way is assessed by Centrelink differently. Making one lump sum withdrawal from super has the...
Sep 12, 2018 | Accessing Superannuation, Blog, Centrelink, Retirement Income Streams, Superannuation
The partial commutation of an account based pension is where a portion of the capital value of the pension is withdrawn or rolled back to superannuation accumulation phase or withdrawn from super entirely. Partial commutations of account based pensions are usually...
Jul 10, 2018 | Accessing Superannuation, Blog, SMSF, Superannuation, Superannuation Tax
Making a superannuation withdrawal from an accumulation account can be done by anyone who has met a full superannuation condition of release. It is important to consider any tax implications of making a withdrawal from an accumulation account. Generally, when an...