Season 2, Episode 5 – If you don’t want your adult kids to pay tax when they inherit your superannuation, this episode is a must-listen!
Not many people realise that there are hidden tax and tax-free components within your superannuation or allocated pension.
‘Knowledge is power’ so the more you understand about the tax consequences, the better prepared you’ll be. Tune in to this episode for insights on ways to minimise or even avoid this tax altogether.
Links to assist in the concepts mentioned in this episode:
Superannuation Components – https://www.ato.gov.au/tax-and-super-professionals/for-superannuation-professionals/apra-regulated-funds/paying-benefits/calculating-components-of-a-super-benefit
Paying Superannuation Death Benefits – https://www.ato.gov.au/tax-and-super-professionals/for-superannuation-professionals/apra-regulated-funds/paying-benefits/paying-superannuation-death-benefits
Super Recontribution Strategy explained – https://www.superguide.com.au/how-super-works/super-re-contribution-strategy
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