Money Out: Accessing Superannuation - Super Fundamentals - 2025

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

In this session, we cover:

• Recap of the Case Study

• Preservation Rules of Benefits

  • Preserved benefits

  • Non-preserved benefits

• Conditions of Release

  • Common conditions

    • Retirement

    • Transition-to-Retirement Income Stream (TRIS)

    • Ceasing Employment

    • Reached 65 years of age

    • Death

  • Special conditions for early release

  • Illegal early release of super

• Payment of Benefits

  • Forms of payments – Lump sum, Pension, etc.

    • Accumulation phase

    • Retirement phase

  • General Transfer Balance Cap

  • Interaction with Centrelink (overview)

• Death Benefits

  • Binding Death Benefit Nominations (BDBN)

  • Taxation of death benefits

  • SMSF Wills (overview)

  • Testamentary Trusts & Super Proceeds Trusts (SPT)