Published on 16 May 13
by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE
While building up superannuation is important to provide for a comfortable living in retirement, just as important is how you take your superannuation benefits. Understanding the options available and how best to structure payments can save money and any pain that may arise in getting it wrong.
This presentation covers:
lump sum or pension or combination
taxation of superannuation benefits
are reversionary pensions still useful?
binding death benefit nominations
timing of benefits
latest strategies and traps to snare the unwary
ATO view on pensions, TR 2011/D3.
Mike has been a senior consultant in the technical
team at MLC Advice Solutions for over nine years. His role is to
assist financial planners in the areas of superannuation, taxation,
estate planning, social security and investments. He has over 34
years experience in the financial planning and funds management
industries. Over this period he has headed up several technical
teams and also developed several superannuation products,
including the first allocated pension. Current at 18 February 2013
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
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