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datura(Enthusiast)Enthusiast
19 Aug 2025

I retired in July 2024 and opened a pension based super account. Then I got back to work full-time 4 months later and have a new super accumulation account. With the pension account, by law I have to withdraw a minimum amount every year. And I put it back into my super's accumulation account as after tax contribution.


Do I have to declare the money withdrawn from super's pension account in my tax return as taxable income because I am still working?

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3 replies
262 views
3 replies

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Bruce4Tax(Taxicorn)Taxicorn
19 Aug 2025

Do I have to declare the money withdrawn from super's pension account in my tax return as taxable income because I am still working?


Only if it is from an untaxed fund, or you are under age 60.


If it is taxable, the super fund will issue a payment summary.


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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
19 Aug 2025

Do I have to declare the money withdrawn from super's pension account in my tax return as taxable income because I am still working?


Only if it is from an untaxed fund, or you are under age 60.


If it is taxable, the super fund will issue a payment summary.


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Is money withdrawn from pension account taxable while still working? | ATO Community