Tag Archives: dandenong

NEWS – TRIS – Transition to retirement (or TTR) now seen as a short-term strategy

Darin Tyson-Chan at smsmagazine.com.au reports on advice by Grant Abbott who said a Transition to retirement income stream (TRIS) or Transition to Retirement (TTR) is now seen as a short term strategy with recent changes in the last 12 months. … Continue reading

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Basics about Super – 6 more things to know about Superannuation in Australia – Super Basics

Here are five more basics about the Australian Super system. (For the first 5 Basics 1-5 see last month HERE) 6. Investment Choices – While the big major super funds allow you to choose the level of risk that you want … Continue reading

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Masterclass SMSF – Related Party Investment SMSF – or In-House asset SMSF – what is allowed?

The Australian Tax Office (ATO) as regulator of SMSFs, is clear about the investing part of running an SMSF – “You need to manage your fund’s investments in the best interests of fund members and in accordance with the law. … Continue reading

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CASE STUDY – Nicole was preparing the last few years of working her business and preparing for retirement

Nicole had raised her children on her own since separating years ago from an unhealthy marriage. (There are 5 easy steps to planning anything – start where you are at, decide what lifestyle you want to have, what that lifestyle … Continue reading

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Pensions Centrelink – Am I eligible for pension?

Wondering if you may be eligible for Government Pension? These are the criteria for eligibility for Age Pension at the Department of Human Services website at August 2018 – HERE – Check to see if you’re eligible for other support: … Continue reading

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Basics Superannuation – Basics 1-5 to know about super in Australia

Superannuation Guarantee (SG) – All Employers must pay at least the value of 9.5% of your wages/salary (not FROM your pay, but another expense of the employer) to your member account in a super fund (including a self-managed super fund). … Continue reading

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Masterclass SMSF – How to buy property with super fund – the steps for SMSF Property purchasing

The legislation for Self-Managed Super Fund (SMSF) allows for borrowing to acquire properties when specific criteria are met. There are 2 main ways self managed super funds are buying property: Outright – If there is enough money to cover the … Continue reading

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