Aug 12, 2023 | Accessing Superannuation, Blog, Centrelink, Retirement Income Streams, SMSF, Superannuation
If you are an Australian born in the 1960s, and wondering when you can retire, then you have come to the right place. Everything here is groovy my little flower child. Your afro is long-gone and you’ve replaced your bell-bottoms with cargos and crocs; but now...
Mar 10, 2023 | 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...
Feb 17, 2023 | 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...
Feb 4, 2023 | Accessing Superannuation, Blog, SMSF, Superannuation
Buying a house with your superannuation is possible, but there are some things you need to understand before doing so. There are actually two parts to the question. There is buying a house to live in as your home and then there is buying a house as an investment...
Jul 19, 2022 | Blog, Contributing to Super, SMSF, Superannuation
Knowing how much you can put into superannuation each year is important if you are looking to maximise your super contributions. Every year, there are changes to superannuation rules, contribution caps and various thresholds. This article is going to explain how much...
Jul 4, 2022 | Accessing Superannuation, Blog, Centrelink, Contributing to Super, Retirement Income Streams, SMSF, Superannuation, Superannuation Tax
Leaving super in accumulation phase is an option if you are retired or nearing retirement. There are a number of reasons why you may choose to leave funds in accumulation phase. Once you retire, you are not obligated to withdraw your super or commence an income...
Jan 18, 2022 | Blog, Death Benefits, Reversionary Pensions, SMSF, Superannuation
A Non Lapsing Binding Death Benefit Nomination is a death benefit nomination made to the trustee of your superannuation account that does not have an expiry date. Traditionally, Binding Death Benefit Nominations had an expiry of 3 years. This would mean that you would...
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...
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,...
Oct 7, 2019 | Blog, Contributing to Super, SMSF, Superannuation
The SGC age limit refers to the age of an employee who is eligible to receive mandatory employer super contributions. Superannuation Guarantee Contirbutions (SGC) are required to be paid by an employer into an employee’s super account. SGC must be paid by the...