I am 61, retired for a year. The super company states that I can access my super as a lump sum provided I am permanently retired meaning never being gainfully employed more that 10 hours per week
Question are as follows
- Can I access my super as a lump sum without incurring any further tax.
- I don't believe I will work again at this stage, however if I decide to work say full time in the future can I without any tax issues if I have taken a lump sum
Just want to ensure I have all the facts before making a decision.