Today
Can I put $360,000 into super before my divorce settlement?
A reader getting $1.9 million from her ex-husband’s super fund wants advice on maximising her savings and the $15,000 she already has in her fund.
- John Wasiliev
This Month
Can we put $2.9m from a property sale into super?
You can – but you must tick these boxes first.
- John Wasiliev
A holiday home in my name means my husband gets no age pension
Doing her parents a favour years ago has created a retirement income headache.
- John Wasiliev
June
Can I start a pension and put the income back into super?
A couple want to maximise their savings in the most tax-effective way before they both retire.
- John Wasiliev
My $1.25m super fund can’t pay me enough income
An 84-year-old is facing liquidity problems with minimum annual pension payments – but there are solutions.
- John Wasiliev
What to do with $400,000 inheritance when you have no super
A windfall could give a woman living in her daughter’s granny flat access to three income streams.
- John Wasiliev
I have an older-style pension – has the government forgotten about us?
While legacy income streams were not addressed in the recent federal budget, there are steps you can take to make them easier to work with.
- John Wasiliev
May
- Opinion
- Opinion
I’m a high earner about to encounter Division 293 tax. What can I do?
You may want to consider reducing your taxable income below $250,000 by claiming allowable deductions such as donations to charity.
- John Wasiliev
We have $700,000 in super – can we buy investment property with it?
If you want to add a geared investment property to your retirement savings, here’s what you must think about.
- John Wasiliev
We retired overseas but came back. What should we do with our money?
This couple may not be able to reopen their super accounts, but there are other tax-effective opportunities.
- John Wasiliev
April
How will $3m super tax work when my balance goes all over the place?
You won’t get a refund if you’ve paid the tax and your fund later loses money. But you can carry forward the loss to offset gains in later years.
- John Wasiliev
- Opinion
- Opinion
How do I calculate my tax-free super pension limit?
The transfer balance cap has increased twice since its inception to reach $1.9 million. Calculating how to stay within it can be tricky.
- John Wasiliev
- Opinion
- SMSFs
Will borrowing to buy property in an SMSF affect my credit rating?
Some banks are happy to ignore loans in SMSFs, others will require detailed information about how you plan to service the loan.
- John Wasiliev
What if my late wife’s pension pushes my super above $3 million?
Reversionary pension law gives surviving spouses time to sort out their super.
- John Wasiliev
March
- Opinion
- Smart Investor
The tax implications of contributing business sale proceeds into super
The tax-related issues depend on the circumstances involved. In complex cases, one might need to engage an accountant, a solicitor and a financial planner.
- John Wasiliev
- Opinion
- Opinion
Why super isn’t supposed to make you super rich
There were opportunities in the past to make exceptionally large contributions to tax-advantaged super accounts, but those days are over.
- John Wasiliev
- Opinion
- Opinion
The smartest way to inherit your partner’s super pension
Keep as much of the combined benefits in super for as long as possible because you will pay less tax.
- John Wasiliev
February
- Opinion
- Smart Investor
How much cash can my parents pump into superannuation?
This strategy could allow a couple to contribute $940,000 to super.
- John Wasiliev
- Opinion
- Opinion
How to reduce tax on real estate profits in an SMSF
Carefully consider the tax implications of transferring real estate from an SMSF into your own name.
- John Wasiliev
How to pay just $24,000 tax on $1.6m super inheritance
Having a large tax-free component in your retirement savings is good news for adult offspring who are your beneficiaries.
- John Wasiliev