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Superannuation Tax

Newbie

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Replies 2

I reach my preservation age in January next year (58), and if I draw on the super, how much tax do I need to pay?  I have read much information on the subject, but it is confusing.  Thanks, TL

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Most helpful response

Devotee

Replies 0

If you are eligible to withdraw funds from super, part may be tax free and part may be taxable.  Details are included on this page, look for the heading "If you are between your preservation age and 60 years old".

2 REPLIES 2

Devotee

Replies 0

Superannuation past preservation age is tax free but you can only access super after you retire

Most helpful response

Devotee

Replies 0

If you are eligible to withdraw funds from super, part may be tax free and part may be taxable.  Details are included on this page, look for the heading "If you are between your preservation age and 60 years old".