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Tax after 55

Discussion in 'Superannuation, SMSF & Personal Insurance' started by Tallis, 10th Mar, 2014.

  1. Tallis

    Tallis Member

    Joined:
    8th Oct, 2013
    Posts:
    10
    Location:
    Melbourne
    I have been well advised that my non preserved amount withdrawn after turning 55 will not be taxed.
    Is a TPD claim after the age off 55 also taxed differently if I was to claim before 55?
    It's only a matter of months but my claim due to cancer could be affected...yes or no?
     
  2. Christianrenel

    Christianrenel Active Member

    Joined:
    13th Jan, 2015
    Posts:
    31
    Location:
    Sydney
    Withdrawing money from Superannuation

    Hi Tallis,

    I think you may need to a Financial planner to discuss your options. Espicially if you are looking at taking Lump sum.

    One of your options is that you maybe able to income stream once you turn 55 years.


    Kind Regards

    christianrenel

    christianrenel@pricefinancial.com.au