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SIMPLE SUPER
Simplified Superannuation The Tax Laws Amendment (Simplified Superannuation) Act 2007 and related legislation received Royal Assent on 15 March 2007. These Acts generally apply from 1 July 2007. The Simplified Superannuation reforms will make superannuation easier to understand, improve incentives to work and save, and provide greater flexibility over how superannuation savings can be drawn down in retirement.| General Changes | 15KB |
| Age Pension | 10KB |
| Contribution Rules - Concessional Contributions | 12KB |
| Contribution Rules - Non-Concessional (Post-Tax) | 13KB |
| Death Benefits | 10KB |
| Employment Termination Payments | 10KB |
| Lost Members Register | 11KB |
| Pension Payments Simplified | 12KB |
| Self-Employed | 10KB |
| Self Managed Super Funds | 10KB |
| Tax File Numbers | 9KB |
| Taxation of Benefits | 11KB |
This article is general in nature only and is not intended to be financial advice. It is simply an illustration using reasonable assumptions of what a particular strategy may achieve. You should always seek professional advice before making any financial decisions.