Hi all
As far as I know when you are 60, there are no taxes in super pension mode - no capital gains tax even if you are day trading, no tax on income earned and no tax when you draw any amount as pension.
Also when you turn 55 plus, you can transfer from super to Transition to Retirement Pension (TRP) and here also the same benefits as above except that the pension amount you draw only gets 15 % tax rebate and is not 100 % tax free. Also the pension drawn must be between 4 (minimum) and 10 % maximum of the pension amount. Hence if are u are still employed, you make maximum salary sacrifice into normal super and draw pension from TRP with 15 % tax rebate.
Sara
Hi allAs far as I know when you are 60, there are no taxes in...
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