A look behind the re-contribution strategy (Part 2): Case studies

In marginal tax rate (including Medicare Levy) minus a 15 per cent tax offset. If she had no other income, her tax bill would be around $900 a year (it would be a lot more if she had income from, say, a term deposit). The re-contribution strategy is a simple way to reduce it. Let’s take a look at what Tina needs to do. Tina has satisfied a condition of release, so she’s entitled to take a lump sum from her super account and – because her age is between 55 and 59 – she’s entitled to the bring...

The re-contribution strategy is a simple way to reduce it. Let’s take a look at what Tina needs to do.

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