Profitable relationships

Article Abstract:

The Australian federal government changes covering superannuation benefits are likely to benefit the baby boomer generation and higher-income families. In the past, families used these funds to pay off their debts. However, in the 1990s, they can be put into super. Financial planners also believe that advantages are great for those who used superannuation for retirement.

Baby boom generation

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Pension daze

Article Abstract:

Allocated pensions in Australia offer tax advantages to pensioners who do not take their superannuation funds in a lump sum. The added advantage of complying pensions or annuities is that the financial institution that backs the pension must guarantee the annual income payments.

Australia, Finance, Pension funds

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Streams of retirement

Article Abstract:

The ability to take superannuation in an income-stream rather than a lump sum has become more tax beneficial for Australians since the 1990s. In 2001 there is still more that could be done and tax advice on making the most of an income-stream is presented.

Usage, Tax planning

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