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How do you cash out the nest egg? Learn about retirement income streams, lump sum withdrawals, paying out death benefits and more.

In this unit, we cover:

Preservation rules
Points of access
Conditions of release
How can benefits be paid?
- Kinds of transactions paid in cash vs journals
- Lump sums
- Super income streams - types & conditions
- What is taxable to the individual & why?
- Interaction with Centrelink
Early access of super
Death of a member
- Death Benefit Nominations - binding or non-binding
- Payment or pension?
- SMSF Wills
- Contesting of super death benefit payments - what happens?
- Testamentary trusts (overview)
- Superannuation proceeds trust (overview)

Download resources below.

Date recorded: 17 October 2024

27:T429,

How do you cash out the nest egg? Learn about retirement income streams, lump sum withdrawals, paying out death benefits and more.

In this unit, we cover:

Preservation rules
Points of access
Conditions of release
How can benefits be paid?
- Kinds of transactions paid in cash vs journals
- Lump sums
- Super income streams - types & conditions
- What is taxable to the individual & why?
- Interaction with Centrelink
Early access of super
Death of a member
- Death Benefit Nominations - binding or non-binding
- Payment or pension?
- SMSF Wills
- Contesting of super death benefit payments - what happens?
- Testamentary trusts (overview)
- Superannuation proceeds trust (overview)

Download resources below.

Date recorded: 17 October 2024

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