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BEGINNERS
SuperGuide helps you make the most of your super, so you can make the most of your retirement. Discover the top performing super funds, how much super is enough, how to run an SMSF, retirement planning strategies and much more. More than 600 articles. How-to guides. IN YOUR 70S? THE SUPER RULES THAT APPLY TO YOU Advertisement. From 1 July 2017, you can claim a tax deduction for personal tax-deductible contributions into your super account if you are aged 70 to 74, meet the work test rules and have a total superannuation balance of under $1.6 million. Once you reach age 75, you are generally no longer eligible to make personal tax-deductible INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace A SHORT GUIDE TO PLATFORMS AND WRAPS An investment platform is an administration service that offers an extensive menu of investments wrapped up in a single account. Platforms have been around for decades but have evolved to offer greater individual control as technology has developed. In WORK TEST: MAKING SUPER CONTRIBUTIONS AFTER YOU TURN 67 Need to know: In the May 2021 Federal Budget, the government announced it planned to repeal the current work test for making super contributions for people aged between 67 and 74.This change is not yet law, but is expected to apply from 1 July 2022. The proposed repeal of the work test will only apply when making non?concessional (after-tax) contributions or salary sacrificed contributions. AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021) The rates for a full Age Pension for Australian residents for the period 20 March 2021 to 19 September 2021 are listed below: Single: $952.70 per fortnight (approximately $24,770 per year) Couple (each): $718.10 per fortnight (approximately $18,670 per year) WHAT IS THE RETIREMENT AGE IN AUSTRALIA? The average age of retirement. According to the government’s Retirement Income Review released in November 2020, the average age of retirement in Australia is currently between the ages of 62 and 65, with women tending to retire one to three years before men. But things are changing. For a variety of reasons, today’s retirees are likelyto
GUIDE TO THE LOW AND MIDDLE INCOME TAX OFFSET (LMITO) Now that the Low and Middle Income Tax Offset (LMITO) has become law, you may be eligible for a tax offset of up to $1,080, depending on your income. LMITO helps low and middle-income earners reduce the amount of tax they pay. Because it’s a tax offset, it can only be used to lower your tax bill and can’t be used to generate a taxrefund or
HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. HOW DOES YOUR SUPER AFFECT THE AGE PENSION? Deeming is also applied to your income from all other financial assets as part of the Age Pension income test. From 1 July 2019 changes to the means test treatment of lifetime annuities for the purposes of determining Age Pension entitlements come into force. SUPERGUIDE - SIMPLE SUPERANNUATION AND RETIREMENT PLANNINGHOW SUPER WORKSSUPER FUNDSSMSFSPLAN YOUR RETIREMENTIN RETIREMENTSUPER FORBEGINNERS
SuperGuide helps you make the most of your super, so you can make the most of your retirement. Discover the top performing super funds, how much super is enough, how to run an SMSF, retirement planning strategies and much more. More than 600 articles. How-to guides. IN YOUR 70S? THE SUPER RULES THAT APPLY TO YOU Advertisement. From 1 July 2017, you can claim a tax deduction for personal tax-deductible contributions into your super account if you are aged 70 to 74, meet the work test rules and have a total superannuation balance of under $1.6 million. Once you reach age 75, you are generally no longer eligible to make personal tax-deductible INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace A SHORT GUIDE TO PLATFORMS AND WRAPS An investment platform is an administration service that offers an extensive menu of investments wrapped up in a single account. Platforms have been around for decades but have evolved to offer greater individual control as technology has developed. In WORK TEST: MAKING SUPER CONTRIBUTIONS AFTER YOU TURN 67 Need to know: In the May 2021 Federal Budget, the government announced it planned to repeal the current work test for making super contributions for people aged between 67 and 74.This change is not yet law, but is expected to apply from 1 July 2022. The proposed repeal of the work test will only apply when making non?concessional (after-tax) contributions or salary sacrificed contributions. AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021) The rates for a full Age Pension for Australian residents for the period 20 March 2021 to 19 September 2021 are listed below: Single: $952.70 per fortnight (approximately $24,770 per year) Couple (each): $718.10 per fortnight (approximately $18,670 per year) WHAT IS THE RETIREMENT AGE IN AUSTRALIA? The average age of retirement. According to the government’s Retirement Income Review released in November 2020, the average age of retirement in Australia is currently between the ages of 62 and 65, with women tending to retire one to three years before men. But things are changing. For a variety of reasons, today’s retirees are likelyto
GUIDE TO THE LOW AND MIDDLE INCOME TAX OFFSET (LMITO) Now that the Low and Middle Income Tax Offset (LMITO) has become law, you may be eligible for a tax offset of up to $1,080, depending on your income. LMITO helps low and middle-income earners reduce the amount of tax they pay. Because it’s a tax offset, it can only be used to lower your tax bill and can’t be used to generate a taxrefund or
HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. HOW DOES YOUR SUPER AFFECT THE AGE PENSION? Deeming is also applied to your income from all other financial assets as part of the Age Pension income test. From 1 July 2019 changes to the means test treatment of lifetime annuities for the purposes of determining Age Pension entitlements come into force. SUPER NEWS FOR JUNE 2021 Pension payment relief extended for another year, Retirement costs rise, House of Reps passes Your Future Your Super Amendment, March super stats show super increase, Running out of money in retirement major concern for retirees, Magellan launches fund with reservingstrategy
PENSION FUND OF THE YEAR 2021: WHAT MAKES A WINNER? Pension funds of the year. The table below lists the best Pension Funds for the past five years as awarded by Chant West and SuperRatings. SuperRatings announced its 2021 winner in late 2020 while the Chant West awards were held in May 2021. USING THE PENSION LOANS SCHEME TO FUND AGED CARE Full Age Pensioners can withdraw up to 50% of the maximum rate of their fortnightly pension payments. Part Age Pensioners can withdraw fortnightly payments up to a maximum of 150% of the full Age Pension less the pension amounts they receive (including supplements).; Self-funded retirees can borrow up to 150% of the fortnightly full AgePension.
INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace 10 SUPER HOUSEKEEPING TIPS FOR EOFY 2020/21 10 super housekeeping tips for EOFY 2020/21. May 8, 2021 by Janine Mace Leave a Comment. Reading time: 5 minutes. On this page. 1. Get your contributions in before 30 June. 2. Top up if you applied forearly release. 3.
SUPER FUNDS HELP WOMEN AND PARENTS OVER THE ‘BABY BUMP’ Parental leave is not the only circumstance where funds are able to offer insurance benefits. Additional insurance cover for life events. SuperRatings also found that 75% of funds offer members the opportunity to apply for additional insurance cover, without a medical examination, for certain life stages. WHAT ARE THE ACCUMULATION AND RETIREMENT PHASES OF SUPER? The retirement phase (formerly called Pension phase) is the latter of two periods within superannuation, which is when a member is making active contributions to the super fund, or their employer is doing that on their behalf. Super funds are transferred into the retirement phase when a member commences a super income stream (or pension). SUPER TIPS AND STRATEGIES Super tips and strategies. In this section you can learn tips and strategies you can consider to boost your super, and ultimately your income in retirement. On this page you can find our essential super tips, then follow the links below to find strategies for super contributions and investing, SMSFs and retirement planning. RETIRING AT 55? YOUR SUPER SIMPLE GUIDE TO 12 COMMON QUESTIONS In 2016/17 the average super balance for a male aged 55 to 59 in the $180,000 plus tax bracket was $852,162. For females in the same tax bracket, the average was $889,785. For Aussies in the $37,001 to $87,000 tax bracket, the averages were $217,154 for males and $195,480for females.
DO YOU KNOW WHAT YOUR SUPER FUND IS INVESTED IN? This means large super funds will need to have detailed information about their investments as at 31 December 2020 on their website by 31 March 2021. Super funds will be required to disclose their holdings on an item-by-item basis for each investment option (although some investments will be excluded). Advertisement. A SHORT GUIDE TO PLATFORMS AND WRAPS An investment platform is an administration service that offers an extensive menu of investments wrapped up in a single account. Platforms have been around for decades but have evolved to offer greater individual control as technology has developed. In INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace IN YOUR 70S? THE SUPER RULES THAT APPLY TO YOU Advertisement. From 1 July 2017, you can claim a tax deduction for personal tax-deductible contributions into your super account if you are aged 70 to 74, meet the work test rules and have a total superannuation balance of under $1.6 million. Once you reach age 75, you are generally no longer eligible to make personal tax-deductible WORK TEST: MAKING SUPER CONTRIBUTIONS AFTER YOU TURN 67 Need to know: In the May 2021 Federal Budget, the government announced it planned to repeal the current work test for making super contributions for people aged between 67 and 74.This change is not yet law, but is expected to apply from 1 July 2022. The proposed repeal of the work test will only apply when making non?concessional (after-tax) contributions or salary sacrificed contributions. 10 SUPER HOUSEKEEPING TIPS FOR EOFY 2020/21 10 super housekeeping tips for EOFY 2020/21. May 8, 2021 by Janine Mace Leave a Comment. Reading time: 5 minutes. On this page. 1. Get your contributions in before 30 June. 2. Top up if you applied forearly release. 3.
AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021) The rates for a full Age Pension for Australian residents for the period 20 March 2021 to 19 September 2021 are listed below: Single: $952.70 per fortnight (approximately $24,770 per year) Couple (each): $718.10 per fortnight (approximately $18,670 per year) EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY You can access your super benefits early due to permanent incapacity under Australian law, provided you meet the eligibility conditions. Normally you can only access your super once you’ve reached your preservation age and met a condition of release (such as retiring from the workforce or turning 65). Your preservation age is between the ages of 55 and 60, depending on your date of birth. GUIDE TO THE LOW AND MIDDLE INCOME TAX OFFSET (LMITO) Now that the Low and Middle Income Tax Offset (LMITO) has become law, you may be eligible for a tax offset of up to $1,080, depending on your income. LMITO helps low and middle-income earners reduce the amount of tax they pay. Because it’s a tax offset, it can only be used to lower your tax bill and can’t be used to generate a taxrefund or
WHAT IS THE RETIREMENT AGE IN AUSTRALIA? The average age of retirement. According to the government’s Retirement Income Review released in November 2020, the average age of retirement in Australia is currently between the ages of 62 and 65, with women tending to retire one to three years before men. But things are changing. For a variety of reasons, today’s retirees are likelyto
HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. A SHORT GUIDE TO PLATFORMS AND WRAPS An investment platform is an administration service that offers an extensive menu of investments wrapped up in a single account. Platforms have been around for decades but have evolved to offer greater individual control as technology has developed. In INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace IN YOUR 70S? THE SUPER RULES THAT APPLY TO YOU Advertisement. From 1 July 2017, you can claim a tax deduction for personal tax-deductible contributions into your super account if you are aged 70 to 74, meet the work test rules and have a total superannuation balance of under $1.6 million. Once you reach age 75, you are generally no longer eligible to make personal tax-deductible WORK TEST: MAKING SUPER CONTRIBUTIONS AFTER YOU TURN 67 Need to know: In the May 2021 Federal Budget, the government announced it planned to repeal the current work test for making super contributions for people aged between 67 and 74.This change is not yet law, but is expected to apply from 1 July 2022. The proposed repeal of the work test will only apply when making non?concessional (after-tax) contributions or salary sacrificed contributions. 10 SUPER HOUSEKEEPING TIPS FOR EOFY 2020/21 10 super housekeeping tips for EOFY 2020/21. May 8, 2021 by Janine Mace Leave a Comment. Reading time: 5 minutes. On this page. 1. Get your contributions in before 30 June. 2. Top up if you applied forearly release. 3.
AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021) The rates for a full Age Pension for Australian residents for the period 20 March 2021 to 19 September 2021 are listed below: Single: $952.70 per fortnight (approximately $24,770 per year) Couple (each): $718.10 per fortnight (approximately $18,670 per year) EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY You can access your super benefits early due to permanent incapacity under Australian law, provided you meet the eligibility conditions. Normally you can only access your super once you’ve reached your preservation age and met a condition of release (such as retiring from the workforce or turning 65). Your preservation age is between the ages of 55 and 60, depending on your date of birth. GUIDE TO THE LOW AND MIDDLE INCOME TAX OFFSET (LMITO) Now that the Low and Middle Income Tax Offset (LMITO) has become law, you may be eligible for a tax offset of up to $1,080, depending on your income. LMITO helps low and middle-income earners reduce the amount of tax they pay. Because it’s a tax offset, it can only be used to lower your tax bill and can’t be used to generate a taxrefund or
WHAT IS THE RETIREMENT AGE IN AUSTRALIA? The average age of retirement. According to the government’s Retirement Income Review released in November 2020, the average age of retirement in Australia is currently between the ages of 62 and 65, with women tending to retire one to three years before men. But things are changing. For a variety of reasons, today’s retirees are likelyto
HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. SUPER NEWS FOR JUNE 2021 Pension payment relief extended for another year, Retirement costs rise, House of Reps passes Your Future Your Super Amendment, March super stats show super increase, Running out of money in retirement major concern for retirees, Magellan launches fund with reservingstrategy
INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace PENSION FUND OF THE YEAR 2021: WHAT MAKES A WINNER? Pension funds of the year. The table below lists the best Pension Funds for the past five years as awarded by Chant West and SuperRatings. SuperRatings announced its 2021 winner in late 2020 while the Chant West awards were held in May 2021. WHAT ARE THE ACCUMULATION AND RETIREMENT PHASES OF SUPER? The retirement phase (formerly called Pension phase) is the latter of two periods within superannuation, which is when a member is making active contributions to the super fund, or their employer is doing that on their behalf. Super funds are transferred into the retirement phase when a member commences a super income stream (or pension). HOW DOES YOUR SUPER AFFECT THE AGE PENSION? The balance of your latest super statement is included in the Age Pension assets test. In addition, deemed income from your super balance is included in your income test calculations even if you have not started a pension or income stream.This means you’ll be assumed to be earning a certain rate of return on your super pension account balance (i.e. the deeming rate), regardless of the actual SUPER TIPS AND STRATEGIES Super tips and strategies. In this section you can learn tips and strategies you can consider to boost your super, and ultimately your income in retirement. On this page you can find our essential super tips, then follow the links below to find strategies for super contributions and investing, SMSFs and retirement planning. REFLECTIONS ON THE 2021 FEDERAL BUDGET IMPORTANT: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial USING THE PENSION LOANS SCHEME TO FUND AGED CARE Full Age Pensioners can withdraw up to 50% of the maximum rate of their fortnightly pension payments. Part Age Pensioners can withdraw fortnightly payments up to a maximum of 150% of the full Age Pension less the pension amounts they receive (including supplements).; Self-funded retirees can borrow up to 150% of the fortnightly full AgePension.
RETIRING AT 55? YOUR SUPER SIMPLE GUIDE TO 12 COMMON QUESTIONS In 2016/17 the average super balance for a male aged 55 to 59 in the $180,000 plus tax bracket was $852,162. For females in the same tax bracket, the average was $889,785. For Aussies in the $37,001 to $87,000 tax bracket, the averages were $217,154 for males and $195,480for females.
SUPER FUNDS HELP WOMEN AND PARENTS OVER THE ‘BABY BUMP’ Parental leave is not the only circumstance where funds are able to offer insurance benefits. Additional insurance cover for life events. SuperRatings also found that 75% of funds offer members the opportunity to apply for additional insurance cover, without a medical examination, for certain life stages. A SHORT GUIDE TO PLATFORMS AND WRAPS An investment platform is an administration service that offers an extensive menu of investments wrapped up in a single account. Platforms have been around for decades but have evolved to offer greater individual control as technology has developed. In INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace IN YOUR 70S? THE SUPER RULES THAT APPLY TO YOU Advertisement. From 1 July 2017, you can claim a tax deduction for personal tax-deductible contributions into your super account if you are aged 70 to 74, meet the work test rules and have a total superannuation balance of under $1.6 million. Once you reach age 75, you are generally no longer eligible to make personal tax-deductible WORK TEST: MAKING SUPER CONTRIBUTIONS AFTER YOU TURN 67 Need to know: In the May 2021 Federal Budget, the government announced it planned to repeal the current work test for making super contributions for people aged between 67 and 74.This change is not yet law, but is expected to apply from 1 July 2022. The proposed repeal of the work test will only apply when making non?concessional (after-tax) contributions or salary sacrificed contributions. 10 SUPER HOUSEKEEPING TIPS FOR EOFY 2020/21 10 super housekeeping tips for EOFY 2020/21. May 8, 2021 by Janine Mace Leave a Comment. Reading time: 5 minutes. On this page. 1. Get your contributions in before 30 June. 2. Top up if you applied forearly release. 3.
AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021) The rates for a full Age Pension for Australian residents for the period 20 March 2021 to 19 September 2021 are listed below: Single: $952.70 per fortnight (approximately $24,770 per year) Couple (each): $718.10 per fortnight (approximately $18,670 per year) EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY You can access your super benefits early due to permanent incapacity under Australian law, provided you meet the eligibility conditions. Normally you can only access your super once you’ve reached your preservation age and met a condition of release (such as retiring from the workforce or turning 65). Your preservation age is between the ages of 55 and 60, depending on your date of birth. GUIDE TO THE LOW AND MIDDLE INCOME TAX OFFSET (LMITO) Now that the Low and Middle Income Tax Offset (LMITO) has become law, you may be eligible for a tax offset of up to $1,080, depending on your income. LMITO helps low and middle-income earners reduce the amount of tax they pay. Because it’s a tax offset, it can only be used to lower your tax bill and can’t be used to generate a taxrefund or
WHAT IS THE RETIREMENT AGE IN AUSTRALIA? The average age of retirement. According to the government’s Retirement Income Review released in November 2020, the average age of retirement in Australia is currently between the ages of 62 and 65, with women tending to retire one to three years before men. But things are changing. For a variety of reasons, today’s retirees are likelyto
HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. A SHORT GUIDE TO PLATFORMS AND WRAPS An investment platform is an administration service that offers an extensive menu of investments wrapped up in a single account. Platforms have been around for decades but have evolved to offer greater individual control as technology has developed. In INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace IN YOUR 70S? THE SUPER RULES THAT APPLY TO YOU Advertisement. From 1 July 2017, you can claim a tax deduction for personal tax-deductible contributions into your super account if you are aged 70 to 74, meet the work test rules and have a total superannuation balance of under $1.6 million. Once you reach age 75, you are generally no longer eligible to make personal tax-deductible WORK TEST: MAKING SUPER CONTRIBUTIONS AFTER YOU TURN 67 Need to know: In the May 2021 Federal Budget, the government announced it planned to repeal the current work test for making super contributions for people aged between 67 and 74.This change is not yet law, but is expected to apply from 1 July 2022. The proposed repeal of the work test will only apply when making non?concessional (after-tax) contributions or salary sacrificed contributions. 10 SUPER HOUSEKEEPING TIPS FOR EOFY 2020/21 10 super housekeeping tips for EOFY 2020/21. May 8, 2021 by Janine Mace Leave a Comment. Reading time: 5 minutes. On this page. 1. Get your contributions in before 30 June. 2. Top up if you applied forearly release. 3.
AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021) The rates for a full Age Pension for Australian residents for the period 20 March 2021 to 19 September 2021 are listed below: Single: $952.70 per fortnight (approximately $24,770 per year) Couple (each): $718.10 per fortnight (approximately $18,670 per year) EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY You can access your super benefits early due to permanent incapacity under Australian law, provided you meet the eligibility conditions. Normally you can only access your super once you’ve reached your preservation age and met a condition of release (such as retiring from the workforce or turning 65). Your preservation age is between the ages of 55 and 60, depending on your date of birth. GUIDE TO THE LOW AND MIDDLE INCOME TAX OFFSET (LMITO) Now that the Low and Middle Income Tax Offset (LMITO) has become law, you may be eligible for a tax offset of up to $1,080, depending on your income. LMITO helps low and middle-income earners reduce the amount of tax they pay. Because it’s a tax offset, it can only be used to lower your tax bill and can’t be used to generate a taxrefund or
WHAT IS THE RETIREMENT AGE IN AUSTRALIA? The average age of retirement. According to the government’s Retirement Income Review released in November 2020, the average age of retirement in Australia is currently between the ages of 62 and 65, with women tending to retire one to three years before men. But things are changing. For a variety of reasons, today’s retirees are likelyto
HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. SUPER NEWS FOR JUNE 2021 Pension payment relief extended for another year, Retirement costs rise, House of Reps passes Your Future Your Super Amendment, March super stats show super increase, Running out of money in retirement major concern for retirees, Magellan launches fund with reservingstrategy
INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace PENSION FUND OF THE YEAR 2021: WHAT MAKES A WINNER? Pension funds of the year. The table below lists the best Pension Funds for the past five years as awarded by Chant West and SuperRatings. SuperRatings announced its 2021 winner in late 2020 while the Chant West awards were held in May 2021. WHAT ARE THE ACCUMULATION AND RETIREMENT PHASES OF SUPER? The retirement phase (formerly called Pension phase) is the latter of two periods within superannuation, which is when a member is making active contributions to the super fund, or their employer is doing that on their behalf. Super funds are transferred into the retirement phase when a member commences a super income stream (or pension). HOW DOES YOUR SUPER AFFECT THE AGE PENSION? The balance of your latest super statement is included in the Age Pension assets test. In addition, deemed income from your super balance is included in your income test calculations even if you have not started a pension or income stream.This means you’ll be assumed to be earning a certain rate of return on your super pension account balance (i.e. the deeming rate), regardless of the actual SUPER TIPS AND STRATEGIES Super tips and strategies. In this section you can learn tips and strategies you can consider to boost your super, and ultimately your income in retirement. On this page you can find our essential super tips, then follow the links below to find strategies for super contributions and investing, SMSFs and retirement planning. REFLECTIONS ON THE 2021 FEDERAL BUDGET IMPORTANT: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial USING THE PENSION LOANS SCHEME TO FUND AGED CARE Full Age Pensioners can withdraw up to 50% of the maximum rate of their fortnightly pension payments. Part Age Pensioners can withdraw fortnightly payments up to a maximum of 150% of the full Age Pension less the pension amounts they receive (including supplements).; Self-funded retirees can borrow up to 150% of the fortnightly full AgePension.
RETIRING AT 55? YOUR SUPER SIMPLE GUIDE TO 12 COMMON QUESTIONS In 2016/17 the average super balance for a male aged 55 to 59 in the $180,000 plus tax bracket was $852,162. For females in the same tax bracket, the average was $889,785. For Aussies in the $37,001 to $87,000 tax bracket, the averages were $217,154 for males and $195,480for females.
SUPER FUNDS HELP WOMEN AND PARENTS OVER THE ‘BABY BUMP’ Parental leave is not the only circumstance where funds are able to offer insurance benefits. Additional insurance cover for life events. SuperRatings also found that 75% of funds offer members the opportunity to apply for additional insurance cover, without a medical examination, for certain life stages. INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace 10 SUPER HOUSEKEEPING TIPS FOR EOFY 2020/21 10 super housekeeping tips for EOFY 2020/21. May 8, 2021 by Janine Mace Leave a Comment. Reading time: 5 minutes. On this page. 1. Get your contributions in before 30 June. 2. Top up if you applied forearly release. 3.
A SHORT GUIDE TO PLATFORMS AND WRAPS An investment platform is an administration service that offers an extensive menu of investments wrapped up in a single account. Platforms have been around for decades but have evolved to offer greater individual control as technology has developed. In AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021) The rates for a full Age Pension for Australian residents for the period 20 March 2021 to 19 September 2021 are listed below: Single: $952.70 per fortnight (approximately $24,770 per year) Couple (each): $718.10 per fortnight (approximately $18,670 per year) GUIDE TO THE LOW AND MIDDLE INCOME TAX OFFSET (LMITO) Now that the Low and Middle Income Tax Offset (LMITO) has become law, you may be eligible for a tax offset of up to $1,080, depending on your income. LMITO helps low and middle-income earners reduce the amount of tax they pay. Because it’s a tax offset, it can only be used to lower your tax bill and can’t be used to generate a taxrefund or
HOW CARRY-FORWARD (CATCH-UP) SUPER CONTRIBUTIONS WORK This means in 2020/21 Leyton is able to contribute $40,000 in concessional contributions into his super account. The $40,000 consists of his normal annual $25,000 concessional contribution cap for 2020/21 and $15,000, which is the unused concessional contribution amount from 2019/20 carried forward ($25,000 – $10,000 = $15,000).Advertisement.
EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY You can access your super benefits early due to permanent incapacity under Australian law, provided you meet the eligibility conditions. Normally you can only access your super once you’ve reached your preservation age and met a condition of release (such as retiring from the workforce or turning 65). Your preservation age is between the ages of 55 and 60, depending on your date of birth. BEST PERFORMING PENSION FUNDS Best performing pension funds: High Growth category (81–95%) Best performing pension funds: Growth category (61–80%) Best performing pension funds: Balanced category (41–60%) Best performing pension funds: Conservative category (21–40%) We’re grateful to SuperRatings for providing the following list of top 30 performingCapital Stable
HOW DOES YOUR SUPER AFFECT THE AGE PENSION? The balance of your latest super statement is included in the Age Pension assets test. In addition, deemed income from your super balance is included in your income test calculations even if you have not started a pension or income stream.This means you’ll be assumed to be earning a certain rate of return on your super pension account balance (i.e. the deeming rate), regardless of the actual HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace 10 SUPER HOUSEKEEPING TIPS FOR EOFY 2020/21 10 super housekeeping tips for EOFY 2020/21. May 8, 2021 by Janine Mace Leave a Comment. Reading time: 5 minutes. On this page. 1. Get your contributions in before 30 June. 2. Top up if you applied forearly release. 3.
A SHORT GUIDE TO PLATFORMS AND WRAPS An investment platform is an administration service that offers an extensive menu of investments wrapped up in a single account. Platforms have been around for decades but have evolved to offer greater individual control as technology has developed. In AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021) The rates for a full Age Pension for Australian residents for the period 20 March 2021 to 19 September 2021 are listed below: Single: $952.70 per fortnight (approximately $24,770 per year) Couple (each): $718.10 per fortnight (approximately $18,670 per year) GUIDE TO THE LOW AND MIDDLE INCOME TAX OFFSET (LMITO) Now that the Low and Middle Income Tax Offset (LMITO) has become law, you may be eligible for a tax offset of up to $1,080, depending on your income. LMITO helps low and middle-income earners reduce the amount of tax they pay. Because it’s a tax offset, it can only be used to lower your tax bill and can’t be used to generate a taxrefund or
HOW CARRY-FORWARD (CATCH-UP) SUPER CONTRIBUTIONS WORK This means in 2020/21 Leyton is able to contribute $40,000 in concessional contributions into his super account. The $40,000 consists of his normal annual $25,000 concessional contribution cap for 2020/21 and $15,000, which is the unused concessional contribution amount from 2019/20 carried forward ($25,000 – $10,000 = $15,000).Advertisement.
EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY You can access your super benefits early due to permanent incapacity under Australian law, provided you meet the eligibility conditions. Normally you can only access your super once you’ve reached your preservation age and met a condition of release (such as retiring from the workforce or turning 65). Your preservation age is between the ages of 55 and 60, depending on your date of birth. BEST PERFORMING PENSION FUNDS Best performing pension funds: High Growth category (81–95%) Best performing pension funds: Growth category (61–80%) Best performing pension funds: Balanced category (41–60%) Best performing pension funds: Conservative category (21–40%) We’re grateful to SuperRatings for providing the following list of top 30 performingCapital Stable
HOW DOES YOUR SUPER AFFECT THE AGE PENSION? The balance of your latest super statement is included in the Age Pension assets test. In addition, deemed income from your super balance is included in your income test calculations even if you have not started a pension or income stream.This means you’ll be assumed to be earning a certain rate of return on your super pension account balance (i.e. the deeming rate), regardless of the actual HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. SUPERGUIDE - SIMPLE SUPERANNUATION AND RETIREMENT PLANNING SuperGuide helps you make the most of your super, so you can make the most of your retirement. Discover the top performing super funds, how much super is enough, how to run an SMSF, retirement planning strategies and much more. More than 600 articles. How-to guides. 10 SUPER HOUSEKEEPING TIPS FOR EOFY 2020/21 10 super housekeeping tips for EOFY 2020/21. May 8, 2021 by Janine Mace Leave a Comment. Reading time: 5 minutes. On this page. 1. Get your contributions in before 30 June. 2. Top up if you applied forearly release. 3.
REFLECTIONS ON THE 2021 FEDERAL BUDGET IMPORTANT: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial BEST PERFORMING PENSION FUNDS Best performing pension funds: High Growth category (81–95%) Best performing pension funds: Growth category (61–80%) Best performing pension funds: Balanced category (41–60%) Best performing pension funds: Conservative category (21–40%) We’re grateful to SuperRatings for providing the following list of top 30 performingCapital Stable
WORK TEST: MAKING SUPER CONTRIBUTIONS OVER 67 Advertisement. The work test exemption means if you are aged 67 and over (but under age 75), you can make voluntary super contributions for one more year after you stop working. To qualify for the work test exemption, you must have: Satisfied the work test in the financial year preceding the year in which you make the contribution. MINIMUM PENSION PAYMENTS FOR 2020/21 (INCLUDING CALCULATOR) There are 122 days left in the financial year, from 1 March to 30 June, so the minimum withdrawal in the first year is $4,300 rounded to the nearest ten dollars, calculated as follows: 122 days is 33.4% of 365 days. $643,000 x 33.4% = $214,920.55. EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY You can access your super benefits early due to permanent incapacity under Australian law, provided you meet the eligibility conditions. Normally you can only access your super once you’ve reached your preservation age and met a condition of release (such as retiring from the workforce or turning 65). Your preservation age is between the ages of 55 and 60, depending on your date of birth. WHAT TO DO IF YOU EXCEED YOUR SUPER CONTRIBUTIONS CAPS Important: The caps for concessional and non-concessional contributions will both increase by 10% from 1 July 2021 (for the 2021/22 financial year onwards). The concessional contributions cap will increase from $25,000 to $27,500 per year; The non-concessional contributions cap will increase from $100,000 to $110,000 per year; The figures in this article refer to the current contributions caps AGE PENSION ASSETS TEST LIMITS (MARCH 2021 TO JULY 2021) To be eligible for a full Age Pension the value of your assets must be below the following thresholds. Age Pension asset limits (July 2020) Assets limits for a full Age Pension. Situation. Limit. (1 July 2020 to 30 June 2021) Previous Limit. (1 July 2019 to 30 June 2020)Increase.
TOYOTA SUPER
Toyota Super overview. Toyota Super is a Non public offer Corporate fund.. Toyota Super has 8 investment options, 1 MySuper products authorised and 63% of its total assets are invested in a default orMySuper strategy.
SUPERGUIDE - SIMPLE SUPERANNUATION AND RETIREMENT PLANNINGHOW SUPER WORKSSUPER FUNDSSMSFSPLAN YOUR RETIREMENTIN RETIREMENTSUPER FORBEGINNERS
SuperGuide helps you make the most of your super, so you can make the most of your retirement. Discover the top performing super funds, how much super is enough, how to run an SMSF, retirement planning strategies and much more. More than 600 articles. How-to guides. AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021) The rates for a full Age Pension for Australian residents for the period 20 March 2021 to 19 September 2021 are listed below: Single: $952.70 per fortnight (approximately $24,770 per year) Couple (each): $718.10 per fortnight (approximately $18,670 per year)TOYOTA SUPER
Toyota Super overview. Toyota Super is a Non public offer Corporate fund.. Toyota Super has 8 investment options, 1 MySuper products authorised and 63% of its total assets are invested in a default orMySuper strategy.
EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY You can access your super benefits early due to permanent incapacity under Australian law, provided you meet the eligibility conditions. Normally you can only access your super once you’ve reached your preservation age and met a condition of release (such as retiring from the workforce or turning 65). Your preservation age is between the ages of 55 and 60, depending on your date of birth. INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace WHAT HAPPENS TO AN SMSF IN THE EVENT OF DIVORCE? The process of dividing assets in a self-managed super fund (SMSF) is often complex given the personal dynamic of the fund’s trustees and members. It’s also important to understand a divorce has no impact on the ongoing obligations of the fund’s trustees: they’re still required to act in the interests of all members of the fund. WHAT IS THE RETIREMENT AGE IN AUSTRALIA? The average age of retirement. According to the government’s Retirement Income Review released in November 2020, the average age of retirement in Australia is currently between the ages of 62 and 65, with women tending to retire one to three years before men. But things are changing. For a variety of reasons, today’s retirees are likelyto
WHAT IS THE PENSION LOANS SCHEME, AND HOW DOES IT WORK? The maximum loan is calculated as follows: $3,080 multiplied by ($180,000 minus $80,000, divided by $10,000) = $30,800. *The age component amount is defined in the Social Security Act, Subsection 1135A (3). **The value of the real estate is rounded down to the nearest multiple of $10,000. ESTATE PLANNING AND SMSFS: WHAT IT IS AND WHY IT MATTERS Estate planning is the process of organising your financial affairs so your wealth is efficiently distributed to your chosen beneficiaries after your death. A good estate plan helps minimise the tax your family and other beneficiaries pay when receiving your assets. HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. SUPERGUIDE - SIMPLE SUPERANNUATION AND RETIREMENT PLANNINGHOW SUPER WORKSSUPER FUNDSSMSFSPLAN YOUR RETIREMENTIN RETIREMENTSUPER FORBEGINNERS
SuperGuide helps you make the most of your super, so you can make the most of your retirement. Discover the top performing super funds, how much super is enough, how to run an SMSF, retirement planning strategies and much more. More than 600 articles. How-to guides. AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021) The rates for a full Age Pension for Australian residents for the period 20 March 2021 to 19 September 2021 are listed below: Single: $952.70 per fortnight (approximately $24,770 per year) Couple (each): $718.10 per fortnight (approximately $18,670 per year)TOYOTA SUPER
Toyota Super overview. Toyota Super is a Non public offer Corporate fund.. Toyota Super has 8 investment options, 1 MySuper products authorised and 63% of its total assets are invested in a default orMySuper strategy.
EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY You can access your super benefits early due to permanent incapacity under Australian law, provided you meet the eligibility conditions. Normally you can only access your super once you’ve reached your preservation age and met a condition of release (such as retiring from the workforce or turning 65). Your preservation age is between the ages of 55 and 60, depending on your date of birth. INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace WHAT HAPPENS TO AN SMSF IN THE EVENT OF DIVORCE? The process of dividing assets in a self-managed super fund (SMSF) is often complex given the personal dynamic of the fund’s trustees and members. It’s also important to understand a divorce has no impact on the ongoing obligations of the fund’s trustees: they’re still required to act in the interests of all members of the fund. WHAT IS THE RETIREMENT AGE IN AUSTRALIA? The average age of retirement. According to the government’s Retirement Income Review released in November 2020, the average age of retirement in Australia is currently between the ages of 62 and 65, with women tending to retire one to three years before men. But things are changing. For a variety of reasons, today’s retirees are likelyto
WHAT IS THE PENSION LOANS SCHEME, AND HOW DOES IT WORK? The maximum loan is calculated as follows: $3,080 multiplied by ($180,000 minus $80,000, divided by $10,000) = $30,800. *The age component amount is defined in the Social Security Act, Subsection 1135A (3). **The value of the real estate is rounded down to the nearest multiple of $10,000. ESTATE PLANNING AND SMSFS: WHAT IT IS AND WHY IT MATTERS Estate planning is the process of organising your financial affairs so your wealth is efficiently distributed to your chosen beneficiaries after your death. A good estate plan helps minimise the tax your family and other beneficiaries pay when receiving your assets. HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. INCOME FROM SUPER RECKONER Reading time: 1 minute . SuperGuide’s Income from super Reckoner can help you quickly and simply understand the approximate super savings you need to fund your desired retirement income.. The figures used in the reckoner have been sourced from the MoneySmart Retirement Planner, a powerful tool that we highly recommend you try for yourself. SuperGuide’s reckoner is not intended to replace A SHORT GUIDE TO PLATFORMS AND WRAPS An investment platform is an administration service that offers an extensive menu of investments wrapped up in a single account. Platforms have been around for decades but have evolved to offer greater individual control as technology has developed. In EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY You can access your super benefits early due to permanent incapacity under Australian law, provided you meet the eligibility conditions. Normally you can only access your super once you’ve reached your preservation age and met a condition of release (such as retiring from the workforce or turning 65). Your preservation age is between the ages of 55 and 60, depending on your date of birth. WHAT TO DO IF YOU EXCEED YOUR SUPER CONTRIBUTIONS CAPS Important: The caps for concessional and non-concessional contributions will both increase by 10% from 1 July 2021 (for the 2021/22 financial year onwards). The concessional contributions cap will increase from $25,000 to $27,500 per year; The non-concessional contributions cap will increase from $100,000 to $110,000 per year; The figures in this article refer to the current contributions caps MINIMUM PENSION PAYMENTS FOR 2020/21 (INCLUDING CALCULATOR) There are 122 days left in the financial year, from 1 March to 30 June, so the minimum withdrawal in the first year is $4,300 rounded to the nearest ten dollars, calculated as follows: 122 days is 33.4% of 365 days. $643,000 x 33.4% = $214,920.55. SUPERANNUATION FOR THE SELF-EMPLOYED The average super balance of self-employed males aged 60 to 64 is approximately $143,000. Male employees aged 60 to 64 have an average super balance of about $283,000. The average super balance of self-employed females aged 60 to 64 is approximately $83,000. Female employees aged 60 to 64 have an average super balance of about$175,000.
HOW DOES YOUR SUPER AFFECT THE AGE PENSION? The balance of your latest super statement is included in the Age Pension assets test. In addition, deemed income from your super balance is included in your income test calculations even if you have not started a pension or income stream.This means you’ll be assumed to be earning a certain rate of return on your super pension account balance (i.e. the deeming rate), regardless of the actual HOW IS SUPER SPLIT IN A DIVORCE? Step 2. File an initiating application online with the Family Court, along with a financial statement and affidavit. The Family Court requires this information to grant your consent order (if you have come to a mutual agreement with your partner) or a court order (if you haven’t reached a mutual agreement). Step 3. REVERSIONARY PENSIONS: WHAT THEY ARE AND HOW THEY WORK In effect, the pension continues to be paid and ‘reverts’ to your beneficiary, so it becomes a reversionary pension. Provided your intended beneficiary is an eligible death benefit dependant at the time of your death, they will begin receiving your pension immediately after your death. Compare super funds. HOW CAN I CLAIM MY SUBSCRIPTION AS AN SMSF EXPENSE SuperGuide is Australia’s leading superannuation and retirement planning website.Learn more. Superguide Pty Ltd ATF Superguide Unit Trust as a Corporate Authorised Representative (CAR) is a Corporate Authorised Representative of Independent Financial Advisers Australia,AFSL 464629
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THE DEFINITIVE SMSF GUIDE TO FRANKED DIVIDENDSby Barbara Drury
– May 30,
2021
Let’s be frank, at a time of historically low interest rates it’s no wonder SMSF investors have been flocking to franked dividends fromshares.
Comparing super funds SUPER FUNDS OF THE YEAR AWARDS: BEST SUPER FUNDS FOR 2021by Barbara Drury
– May 27,
2021
Aged care
TIPS FOR WRITING AN ADVANCED CARE DIRECTIVEby The Conversation
– May 24,
2021
Financial advice
LIST OF AUSTRALIAN INDEPENDENT FINANCIAL ADVISERSby SuperGuide –
May 20, 2021
Super fund average returns SUPER FUND PERFORMANCE: MONTHLY RETURNS TO APRIL 2021by Barbara Drury
– May 18,
2021
VIDEO: HOW DO SMSF COSTS COMPARE WITH RETAIL AND INDUSTRY FUNDS? SUPER AND PENSION FUND PERFORMANCE: WHERE DOES YOUR FUND RANK? SUPER NEWS FOR MAY 2021 VIDEO: INDUSTRY EXPERTS RESPOND TO THE FEDERAL BUDGET 2021 2021 FEDERAL BUDGET OVERVIEW: SUPER, TAX AND AGED CARE ANNOUNCEMENTS TBAR: TRANSFER BALANCE ACCOUNT REPORTING FOR SMSFS Video: How do SMSF costs compare with retail and industry funds? Super and pension fund performance: Where does your fund rank? Super news for May 2021 Video: Industry experts respond to the Federal Budget 2021 2021 Federal Budget overview: Super, tax and aged care announcements TBAR: Transfer balance account reporting for SMSFs _SUPERGUIDE_ HELPS YOU MAKE THE MOST OF YOUR SUPER, SO YOU CAN MAKE THE MOST OF YOUR RETIREMENT Discover the top performing super funds, how much super is enough, how to run an SMSF, retirement planning strategies and much more. * More than 600 articles* How-to guides
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MAKING DOWNSIZER SUPER CONTRIBUTIONS: 10 THINGS YOU NEED TO KNOWJune 05, 2021
If you downsize your home, putting some of the proceeds into your super can help feather your retirement nest. WORK TEST: MAKING SUPER CONTRIBUTIONS OVER 67May 11, 2021
CAPITAL GAINS AND SUPER: USING SUPER CONTRIBUTIONS TO REDUCE YOUR CGTBILL
March 10, 2021
DEFINITIVE GUIDE TO THE TRANSFER BALANCE CAPMarch 05, 2021
TAX IN SMSFS AND REGULAR SUPER FUNDS: WHICH IS BETTER?February 11, 2021
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* Insurance and super SUPER FUNDS OF THE YEAR AWARDS: BEST SUPER FUNDS FOR 2021May 27, 2021
Chant West held their Super Fund Awards on May 26th 2021. SUPER FUND PERFORMANCE: MONTHLY RETURNS TO APRIL 2021May 18, 2021
SUPER AND PENSION FUND PERFORMANCE: WHERE DOES YOUR FUND RANK?May 14, 2021
PENSION FUND RANKINGS: ALL GROWTH CATEGORY (96–100%)May 10, 2021
PENSION FUND RANKINGS: HIGH GROWTH CATEGORY (81–95%)May 10, 2021
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THE DEFINITIVE SMSF GUIDE TO FRANKED DIVIDENDSMay 30, 2021
Let’s be frank, at a time of historically low interest rates it’s no wonder SMSF investors have been flocking to franked dividends fromshares.
WHAT ARE THE SMSF RESIDENCY REQUIREMENTS?May 18, 2021
SMSFS: WHAT ARE THE LUMP SUM WITHDRAWAL RULES?May 12, 2021
SMSF INVESTMENT RULES: WHAT EVERY TRUSTEE SHOULD KNOWApril 15, 2021
THE IMPORTANCE OF ASSET ALLOCATIONFebruary 10, 2021
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PLAN YOUR RETIREMENT Categories: All Retirement planning for beginners How much super do I need? When should I retire? Financial advice Preparing for retirement* All
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* Preparing for retirement LIST OF AUSTRALIAN INDEPENDENT FINANCIAL ADVISERSMay 20, 2021
Finding a truly independent financial adviser is not easy, but don’t let that put you off. We’ve done the hard work for you. FINANCIAL ADVICE: WHAT ARE THE RISKS AND BENEFITS?May 14, 2021
TARGET RETIREMENT INCOME: THE 66–80% RULE OF THUMBMay 07, 2021
IS $500,000 IN SUPER ENOUGH TO RETIRE ON?April 21, 2021
HOW MUCH SUPER DO I NEED TO RETIRE?April 21, 2021
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More PLAN YOUR RETIREMENT ArticlesIN RETIREMENT
Categories: All Income in retirement Super pensions Age Pension Working in retirement Life in retirement Senior concessions and services Estate planning Aged care Super death benefits* All
* Income in retirement* Super pensions
* Age Pension
* Working in retirement * Life in retirement* More
* Senior concessions and services* Estate planning
* Aged care
* Death benefits
MINIMUM PENSION PAYMENTS FOR 2020/21 (INCLUDING CALCULATOR)May 30, 2021
On 29 May 2021 the federal government announced that the halving of the minimum pension drawdown rates would also be extended for the 2021/22 financial year. WHAT IS THE PENSION LOANS SCHEME, AND HOW DOES IT WORK?May 11, 2021
ESTATE PLANNING AND SMSFS: WHAT IT IS AND WHY IT MATTERSMay 03, 2021
AGE PENSION RATES (MARCH 2021 TO SEPTEMBER 2021)March 26, 2021
CASE STUDIES: HOW IS THE AGE PENSION ASSESSED?March 12, 2021
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More IN RETIREMENT ArticlesPOPULAR FEATURES
CALCULATORS AND RECKONERS SUPER TO INCOME RECKONERApril 16, 2021
INCOME FROM SUPER RECKONERApril 16, 2021
AGE PENSION CALCULATOR: HOW MUCH COULD YOU BE ELIGIBLE FOR?March 09, 2021
ANNUAL SUPER FUND PERFORMANCE RECKONER: ANNUAL RETURNS FOR 5 INVESTMENT CATEGORIESJanuary 19, 2021
SUPER FEES AND RETURNS CALCULATOROctober 02, 2019
VIDEO
FINANCIAL ADVISERS GIVE TIPS ON PREPARING FOR RETIREMENTMarch 11, 2020
LIFE EXPECTANCY AND LONGEVITYMarch 09, 2020
CHOOSING A SUPER INVESTMENT OPTIONFebruary 15, 2020
CHOOSING A PENSION FUNDFebruary 14, 2020
INTRODUCTION TO AGED CAREFebruary 13, 2020
HOW-TO GUIDES
HOW MUCH SUPER DO I NEED TO RETIRE?April 21, 2021
HOW TO USE THE MONEYSMART RETIREMENT PLANNERJanuary 21, 2021
HOW ACCURATE ARE ‘RETIREMENT ESTIMATES’? 7 ASSUMPTIONS YOU NEED TOUNDERSTAND
November 21, 2019
FALLING BEHIND WITH YOUR SUPER? HOW YOUR SUPER BALANCE COMPARESOctober 02, 2019
STRATEGIES
AM I ELIGIBLE FOR THE AGE PENSION?March 09, 2021
WHAT AGE SHOULD I RETIRE?December 01, 2020
SUPER TIPS AND STRATEGIES IF YOU ARE IN YOUR 50SOctober 06, 2020
SUPER TIPS AND STRATEGIES IF YOU ARE IN YOUR 60S OR 70SOctober 06, 2020
COUNTDOWN TO RETIREMENT: TIPS TO HELP KICKSTART YOUR RETIREMENT PLANSJune 01, 2020
QUIZZES
QUIZ: EMPLOYER SUPER RESPONSIBILITIESDecember 01, 2020
QUIZ: BOOSTING YOUR SUPER WITH SUPER CONTRIBUTIONSJuly 01, 2020
QUIZ: AGE PENSION RULESSeptember 01, 2019
QUIZ: SUPER FOR BEGINNERSAugust 12, 2019
RISK PROFILING AND YOUR INVESTMENT CHOICEMay 22, 2019
KICK START YOUR RETIREMENT PLANNING Try our free 7-day email series on planning your retirement, including how much super you’ll need, when you can retire and a quiz to test what you’ve learned.Learn more
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IMPORTANT: DISCLAIMER All information on _SuperGuide_ is general in nature only and does not take into account your personal objectives, financial situation orneeds.
You should consider whether any information on _SuperGuide_ is appropriate to you before acting on it. If _SuperGuide_ refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions.Learn more
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