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Article: Rethink your retirement strategy.
- Article from:
- Australasian Business Intelligence
- Article date:
- May 9, 2006
CopyrightCOPYRIGHT 2006 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Alison Kahler
May 09, 2006 (The Australian Financial Review - ABIX via COMTEX) -- While the Australian Government has simplified the superannuation system it has also cut some concessions. Investors would be well advised to take advantage of these while they are still in place. In the 2006 Budget, handed down on 9 May, the Government has cut the tax on superannuation payouts for people who stop work at 60. On the downside, the deductible amount that people aged more ...