Like it or lump it

Article Abstract:

This article focuses on the need for superannuation investors in Australia to be aware of their options for reducing penalty taxes on benefits paid in excess of specified amounts. Relevant points include the desirability of slowing the rate of growth of benefits while paying out excessive benefits as a taxable income stream as quickly as possible.

Australia, Taxation, Tax policy, Retirement benefits

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State of confusion

Article Abstract:

Issues are presented concerning the offer made to retired employees who draw an indexed pension by the government of Victoria, Australia, to cash out 50% or 1005 of their pension entitlements for a lump sum.

Finance, Compensation and benefits, Pensions, Victoria

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