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Supr income stream

Section: 6.3

Age of recipient Element taxed in the fund of a super income stream
Age 60 or above Tax-free
Under 60 but or above preservation age Taxed at marginal tax rates, 15% tax offset
Under preservation age Taxed at marginal tax rates with no tax offset (15% tax offset available if disability superannuation benefit).
Age of recipient Element untaxed in the fund of a super income stream
Element untaxed in the fund of a super stream Taxed at marginal rates, with a 10% tax offset
Under 60 but at or above preservation age Taxed at marginal rates, with no tax offset
Under preservation age Taxed at marginal rates, with no tax offset

This technical resource is intended for the use of financial advisers only. It is current as at the date of publication but may be subject to change. This publication has been prepared without taking into account a potential investor's objectives, financial situation, needs or objectives. Before making a recommendation based on this material, you should consider its appropriateness based on the client's objectives, financial situation and needs. Rainmaker Group is not a registered tax agent under the Tax Agent Services Act 2009. Your client should refer to a registered tax agent before relying on information published herein that may impact their tax obligations, liabilities or entitlements.

Last modified: Thursday, August 27, 2020