“When you move to an allocated pension… earnings become tax-free, withdrawals become tax-free… you can re-contribute it to super”
MI
Matt Ingram
Equity Mates Investing Podcast ·
“We've got a flat tax rate... contribute, pay 15% tax, 10% capital gains tax until retirement. And then you pay no tax.”
Stuart Weems · Investopoly · Ep 429: How much do you need to retire & are you on track? Work it out here.
Play from 4:35
4:35
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What was described
use a 15% tax rate on super contributions and 10% capital gains tax inside super, with no tax on withdrawals in pension phase
15% contribution tax, 10% CGT inside super, 0% tax on pension withdrawals
Said nearby on the same subject
“You can’t have own occupation inside super, and we like to have life and TPD inside super just because it’s tax deductible”
SW
Stuart Weems
Investopoly ·
“If your income's over $250,000, contributions to super are taxed at 30%… means less of a tax saving”
MI
Matt Ingram
Equity Mates Investing Podcast ·
“Big advocate of getting the best bang for my buck... I'd probably start with some super contributions, simultaneously saving tax and growing my wealth there and I keep the entire pie tax free”
RJ
Riley Jan
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