Living in the 70s

Article Abstract:

The government of Australia has vowed to increase the maximum retirement age that would limit super contributions from age 70 to 75. However , it has been suggested that this could turn into an administrative disaster for taxpayers. Additionally, it could cause difficulties for the Australian Taxation Office unless the rules are made easier and clearer. The article provides additional information on the superannuation rules in Australia.

Retirement age

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All abroad

Article Abstract:

Retirement fund rules for people emigrating from Australia provide hefty tax penalties, especially for people who are not near retirement age. Nonresidents who have retirement accounts in Australia have already suffered from the drop in value of the Australian dollar.

Legal issues & crime, Government regulation (cont), Government domestic functions, Government regulation, Taxes, Legal/Government Regulation, Retirement Benefits, Taxation, Social policy, Tax policy

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