Retire in comfort

Article Abstract:

Australians who have not actively prepared and planned for their retirement, relying totally on superannuation contributions may face a risk of a drop in their living standards when they retire. A better Super Annuation System is introduced since 1 July 2002 in which workers will be able to make personal contributions until they reach the age of 75.

Analysis, Economic aspects, Retirement planning, Australians

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Super takes off

Article Abstract:

People who have entered Australia temporarily and departed permanently are unable to access their superannuation until retirement. Amounts must be retained in a superannuation fund till the age of 65 or retirement on or after reaching preservation age.

Employment abroad, Overseas employment

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Flexing the super muscle

Article Abstract:

The rules regarding the transfer of benefits from overseas superannuation funds to Australian superannuation funds are described. A case related to taxation of transfer of overseas funds is narrated.

Transfer payments

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