What type of people have SMSFs?
As SMSFs cement their place in the retirement savings landscape, trends in income, age and gender of members are emerging.
Articles by Barbara Drury
How does SAPTO work? (Senior Australians and Pensioners Tax Offset)
If you are eligible for the Age or DVA pension you could be in line for a handy tax rebate, depending on your taxable income and relationship status.
What is the retirement age in Australia?
When (and if) you retire is up to you, but there are rules around when you can access your super and the Age Pension.
Key superannuation rates and thresholds for 2024-25
A new financial year brings updated thresholds for a range of super measures. Take a look at the new numbers to check for opportunities.
Australian income tax brackets and rates (2024-25 and previous years)
Now that the stage 3 tax cuts are law, most Australians will receive a tax cut in 2024-25. Until then, existing income tax rates and thresholds apply.
Accessing super between 60 and 65
Many of us dream of early retirement, but if you need to access your super to live the dream you need to tick a few boxes first, beginning with your age.
Deeming rates (2024-25) and calculator for the Age Pension income test
Under the deeming rules, you are ‘deemed’ to earn a certain annual rate of return on your financial assets, regardless of the rate of return you actually earn.
When can I access my super? All conditions of release explained
While super is designed to provide income in retirement, there are circumstances when you may be eligible to withdraw some or all of your savings.
How superannuation is taxed: Super for beginners guide
Super is a very tax-effective vehicle for your retirement savings, but no-one said the taxation of super was simple. Here’s a quick overview of what you pay and when.
How a transition-to-retirement (TTR) pension works
If you are looking to wind back working hours or boost your super in the lead-up to retirement, a transition-to-retirement (TTR) pension may be the answer.
What age can I access my super (Preservation Age)?
There are a series of hurdles you need to clear before you can access your super. The first is your age.
How retirees are using home equity to boost income
Cost of living pressures are expected to fuel growth in reverse mortgages as retirees look for ways to top up their income.
How does your super affect the Age Pension?
The amount of Age Pension you are eligible to receive in retirement is means tested, with super among the assets included. This is how it’s assessed.
Am I eligible for the Age Pension?
A common question for Australians planning their retirement is if, and when, they will be eligible for the Age Pension.
What is a self-managed super fund (SMSF)?
SMSFs are a popular choice for people who want more flexibility and control over their retirement savings, but they’re not for everyone so be sure to understand what’s involved.
Retirement planning for couples
Planning for retirement as a couple offers opportunities to maximise your retirement income from super along with tax and estate planning benefits, but there can also be added complexity.
SMSF setup guide: 9 steps you need to follow
SMSFs offer more control than other super funds, but strict rules apply. Follow our 9-step guide to ensure your fund complies with all your legal obligations from the outset.
Multigenerational SMSFs: Benefits and pitfalls
Now that SMSFs can have up to six members, it makes it easier to bring the whole family into the super fold, but it’s important to look before you leap.
