Lump it or stream it?
Article Abstract:
It is a common misconception that when starting to spend a superannuation fund, that is, retirement money, in Australia, it is better to take a lump sum than a retirement income stream because of the nature of the tax and social security systems. Various strategies for do-it-yourself pensions using funds are discussed with consideration of limits set by the goverment rules based on age.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2001
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Super insurance warning: don't make assumptions about disability cover
Article Abstract:
It is important to investigate whether a superannuation fund includes disability insurance. In a recent case, members of the TWU Superannuation Fund sued when they found that the pension plan had changed its disability insurance.
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2001
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