Super-Changes-Flyer-Pension-transfer-balance.doc

 

Understanding the New Pension Transfer Balance

For most Australians, superannuation remains one of the best wealth accumulation structures from a tax perspective. On top of the income tax benefits available on contributions, superannuation in the accumulation phase pays maximum tax of 15% on investment income, and no tax on earnings that support pension payments being made to fund members.

A number of changes are being made to superannuation from 1 July 2017 that will impact how people can take advantage of the tax concessions available.

Click on the above link to read more.