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Age Pension eligibility Yeah, pretty sure it was Big Kev. But it should have been done long ago. At least he had the moxie to front up and get it done. In my view, it should be pushed back to 70 and have far stricter restrictions placed on it.

No worries! Happy to help.

The premise of TTR is that you draw down a portion of your super as an income stream (up to 10% of the balance) and make salary sacrifice contributions into your account (up to $50,000 p.a. including SG, depending on your age). Keep in mind that you only pay 15% tax on contributions (up to the...

If you're still working. Once you stop working (or if you turn 65) you can take as much as you want. As stated in an earlier post, you must meet a condition of release to access your super. For most people, a condition of release is permanent retirement from the workforce or turning 65. If...

Novar, strings are that you can only access a maximum of 10% of your super balance. Contact your super fund for further information.

Was he working at the time? He needs to meet a condition of release to access super. Being in an industry fund has nothing to do with it. He may be able to implement a TTR strategy, but he can access only a maximum of 10% of the balance if he does that. Anyone over 55 and paying more than 15%...

Super has it's place. It can be pretty advantageous in certain circumstances.