“We've got a flat tax rate... contribute, pay 15% tax, 10% capital gains tax until retirement. And then you pay no tax.”
SW
Stuart Weems
Investopoly ·
“The super tax rate is 15% and they pass that saving back to you, which means you only actually pay 85% of the premium when you pay it out of super”
Matt Ingram · Equity Mates Investing Podcast · Ask an Adviser: Debt recycling, super & investing for kids - Community mailbag with Matt Ingram
Play from 33:42
33:42
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
explained the tax discount of paying life-insurance premiums from super: super tax rate 15% gives a 15% premium discount
15% super tax rate → 15% discount on premium
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 ·
“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 ·
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