Transfer Balance Cap set to rise, Industry funds maintain their lead, COVID relief for SMSFs, Write your own retirement plan, Age Pension increase, New Age Pension eBook.
Highlights of the March 2021 edition of the SuperGuide newsletter include:
- LIFTING THE LID ON THE TRANSFER BALANCE CAP. From 1 July you may be able to boost the amount in your super pension account. We show you how.
- INDUSTRY VS RETAIL SUPER FUNDS. After a challenging year, industry funds still lead on assets, satisfaction and performance.
- WRITE YOUR OWN RETIREMENT ROAD MAP. Retirement planning can seem complex, but it’s not rocket science if you follow these directions.
- COVID RELIEF FOR SMSF BORROWINGS. The tax office has provided guidance for SMSFs with limited recourse borrowings who took advantage of COVID relief.
- IS THAT ALL THERE IS? Age Pension rates and assets and income test limits will all rise in March, but not by much.
- NEW AGE PENSION EBOOK. If you are about to retire and think you may be eligible for the Age Pension, we’ve put everything you need to know in one easy-to-read guide.
HOW SUPER WORKS
Super caps to rise, ASIC commences civil proceedings against REST and Statewide, APRA wants super funds to lift their game on insurance, QSuper and Sunsuper merger update, Toyota Super to… Read more.
Super caps to rise, ASIC commences civil proceedings against REST and Statewide, APRA wants super funds to lift their game on insurance, QSuper and Sunsuper merger update, Toyota Super to… Read more.
The TBC limits the amount you can transfer into a super pension. Find out how it works and how to take advantage of its pending increase. Read more.
The TBC limits the amount you can transfer into a super pension. Find out how it works and how to take advantage of its pending increase. Read more.
An increased Transfer Balance Cap creates opportunities to transfer more into the tax-free retirement phase and contribute more to super but beware the fine print! Read more.
An increased Transfer Balance Cap creates opportunities to transfer more into the tax-free retirement phase and contribute more to super but beware the fine print! Read more.
Capital gains are an investment goal, but they leave you with a tax liability, so it’s worth checking some of the strategies for cutting your CGT bill. Read more.
Capital gains are an investment goal, but they leave you with a tax liability, so it’s worth checking some of the strategies for cutting your CGT bill. Read more.
SUPER FUNDS
Fees are important, but they are not the only thing driving superannuation’s investment returns. Read more.
Fees are important, but they are not the only thing driving superannuation’s investment returns. Read more.
Default MySuper funds have been undergoing a makeover in recent years, with performance under the microscope and fees falling. Read more.
Default MySuper funds have been undergoing a makeover in recent years, with performance under the microscope and fees falling. Read more.
Despite a despondent October performance, super funds are up a healthy 10.3% so far this year with only six weeks to go. Read more.
Despite a despondent October performance, super funds are up a healthy 10.3% so far this year with only six weeks to go. Read more.
SMSFs
Answers to common questions from SMSF trustees about repayment relief for their LRBA loans. Read more.
Answers to common questions from SMSF trustees about repayment relief for their LRBA loans. Read more.
They are easy to use, cheap and growing in number. So how are SMSFs using ETFs and what’s stopping more of them from following the trend? Read more.
They are easy to use, cheap and growing in number. So how are SMSFs using ETFs and what’s stopping more of them from following the trend? Read more.
Deciding to run two or more SMSFs has both pros and cons, so you need to weigh them carefully and ensure it’s the right strategy for your personal situation. Read more.
Deciding to run two or more SMSFs has both pros and cons, so you need to weigh them carefully and ensure it’s the right strategy for your personal situation. Read more.
RETIREMENT PLANNING
The vast majority of financial advisers want the best for their clients, but sadly, some abuse their position for personal gain. Here’s what to watch out for. Read more.
The vast majority of financial advisers want the best for their clients, but sadly, some abuse their position for personal gain. Here’s what to watch out for. Read more.
If retirement beckons, it’s time to work out how much income you think you will need to fund your desired retirement lifestyle. Here’s what you need to consider. Read more.
If retirement beckons, it’s time to work out how much income you think you will need to fund your desired retirement lifestyle. Here’s what you need to consider. Read more.
Without knowing how long we will live, retirement income planning is difficult, to say the least. This calculator provides a personalised estimate, depending on your health and other factors. Read more.
Without knowing how long we will live, retirement income planning is difficult, to say the least. This calculator provides a personalised estimate, depending on your health and other factors. Read more.
AGE PENSION INCREASES
Age Pension rates increase on 20 September 2022. This article also explains how the Age Pension works, and includes the latest Age Pension rates for residents, non-residents, and the transitional… Read more
Age Pension rates increase on 20 September 2022. This article also explains how the Age Pension works, and includes the latest Age Pension rates for residents, non-residents, and the transitional… Read more
Our Age Pension calculator gives you an estimate of your potential Age Pension entitlements based on your situation, assets and income. Read more.
Our Age Pension calculator gives you an estimate of your potential Age Pension entitlements based on your situation, assets and income. Read more.
A common question for those nearing or in retirement is “How much can a pensioner earn before it affects the pension?”. Read more
A common question for those nearing or in retirement is “How much can a pensioner earn before it affects the pension?”. Read more
This article details the rules and limits of the Age Pension assets test (how much your savings and other assets are worth), which is one half of the means test… Read more
This article details the rules and limits of the Age Pension assets test (how much your savings and other assets are worth), which is one half of the means test… Read more
NEW: Age Pension for beginners eBook
We produced this eBook as a comprehensive starting point for readers that need to understand the essentials about how the Age Pension works. We hope you find it useful.
This is the first eBook we have put together for SuperGuide subscribers. We’d really like to know what you think and if you would like us to create more. Click here to give us your feedback.
