This Month
My wife can’t work any more – how do we handle her insurance payout?
The tax rules on super policy payments are complicated when you’re younger – this is how they work.
- John Wasiliev
- Opinion
- Smart Investor
Can I access my super if I sell my business and go part-time?
Even if you have not yet turned 65, you may be eligible to start a transition-to-retirement pension.
- John Wasiliev
July
- Opinion
- Smart Investor
Why the beach house might be cramping your retirement style
Holiday homes are great, but they don’t produce retirement income and might limit your age pension payments.
- John Wasiliev
Can I put $360,000 into super before my divorce settlement?
A reader getting $1.9 million from her ex-husband’s super fund wants advice on maximising her savings and the $15,000 she already has in her fund.
- John Wasiliev
Can we put $2.9m from a property sale into super?
You can – but you must tick these boxes first.
- John Wasiliev
A holiday home in my name means my husband gets no age pension
Doing her parents a favour years ago has created a retirement income headache.
- John Wasiliev
June
Can I start a pension and put the income back into super?
A couple want to maximise their savings in the most tax-effective way before they both retire.
- John Wasiliev
My $1.25m super fund can’t pay me enough income
An 84-year-old is facing liquidity problems with minimum annual pension payments – but there are solutions.
- John Wasiliev
What to do with $400,000 inheritance when you have no super
A windfall could give a woman living in her daughter’s granny flat access to three income streams.
- John Wasiliev
I have an older-style pension – has the government forgotten about us?
While legacy income streams were not addressed in the recent federal budget, there are steps you can take to make them easier to work with.
- John Wasiliev
May
- Opinion
- Opinion
I’m a high earner about to encounter Division 293 tax. What can I do?
You may want to consider reducing your taxable income below $250,000 by claiming allowable deductions such as donations to charity.
- John Wasiliev
We have $700,000 in super – can we buy investment property with it?
If you want to add a geared investment property to your retirement savings, here’s what you must think about.
- John Wasiliev
We retired overseas but came back. What should we do with our money?
This couple may not be able to reopen their super accounts, but there are other tax-effective opportunities.
- John Wasiliev
April
How will $3m super tax work when my balance goes all over the place?
You won’t get a refund if you’ve paid the tax and your fund later loses money. But you can carry forward the loss to offset gains in later years.
- John Wasiliev
- Opinion
- Opinion
How do I calculate my tax-free super pension limit?
The transfer balance cap has increased twice since its inception to reach $1.9 million. Calculating how to stay within it can be tricky.
- John Wasiliev
- Opinion
- SMSFs
Will borrowing to buy property in an SMSF affect my credit rating?
Some banks are happy to ignore loans in SMSFs, others will require detailed information about how you plan to service the loan.
- John Wasiliev
What if my late wife’s pension pushes my super above $3 million?
Reversionary pension law gives surviving spouses time to sort out their super.
- John Wasiliev
March
- Opinion
- Smart Investor
The tax implications of contributing business sale proceeds into super
The tax-related issues depend on the circumstances involved. In complex cases, one might need to engage an accountant, a solicitor and a financial planner.
- John Wasiliev
- Opinion
- Opinion
Why super isn’t supposed to make you super rich
There were opportunities in the past to make exceptionally large contributions to tax-advantaged super accounts, but those days are over.
- John Wasiliev
- Opinion
- Opinion
The smartest way to inherit your partner’s super pension
Keep as much of the combined benefits in super for as long as possible because you will pay less tax.
- John Wasiliev
