Anyone who was getting an income stream prior to changes allowing them to halve ur drawdown, should check the percentage earning claimed made by their Super Company!
My Superfund has included the amount I didn’t drawdown as being considered a part of the earning percentage for the financial year!
The percentage claimed by my company should be at least less by 10%, which is the monies I didn’t drawdown and left in the fund.
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Anyone who was getting an income stream prior to changes...
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Dusko Ljubojevic, MD
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