Sep 1, 2023 | Accessing Superannuation, Blog, Superannuation
When can you access your superannuation savings? Accessing your superannuation is an area that needs to be approached with caution. There are strict rules in place as to when you are able to withdraw your retirement savings. Penalties are imposed on members and/or...
Sep 1, 2023 | Accessing Superannuation, Blog, Superannuation
The definition of retirement for superannuation is arguably the most important definition of any superannuation term. After all, the main reason for having superannuation is to receive tax concessions on investment earnings, provided we don’t access our super...
Sep 1, 2023 | Accessing Superannuation, Blog, Contributing to Super, SMSF, Superannuation
Can I use my superannuation to buy a house to live in? This is question asked by many Australians time and time again. We’re often told that superannuation is our money, so we should be able to use it how we please, shouldn’t we? Housing affordability in...
Aug 30, 2023 | Accessing Superannuation, Blog, Retirement Income Streams, Superannuation, Superannuation Tax
There are two ways that you can access your superannuation at age 60 and still work. One such way involves limited access to your superannuation and the other provides full access to your superannuation. You can, in fact, access your superannuation as soon as you...
Aug 22, 2023 | Accessing Superannuation, Blog, Retirement Income Streams, SMSF, Superannuation, Superannuation Tax
This article addresses whether you are able to access your superannuation savings at age 55 and still continue to work. It will also explain how much tax might be payable and when you can access your super tax free. You may have heard of people in your workplace or...
Aug 22, 2023 | Accessing Superannuation, Blog, Death Benefits, Superannuation
There are a number of ways that you can access your super before retirement… legally…. but unfortunately most of them require you to die, be close to death, be severely injured or be on the bones of your ar#e. There are also many dodgy schemes out there...
Aug 19, 2023 | 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...
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...
Aug 1, 2023 | Accessing Superannuation, Blog, Retirement Income Streams, Superannuation
Withdrawing your super to start a business is a great way to access capital for your venture. Firstly, you need to determine your eligibility to access your superannuation. Secondly, you need to understand the risks of withdrawing your super to start a business....
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...