MONEY MATTERS | Working your way through the pre-retirement puzzle

By Russell Tym
July 30 2019 - 7:00am
Pension Puzzle: Pre-retirement pensions aren't as tax-free as they used to be. Previously the earnings in all pension accounts were entirely tax free but now pre-retirement pension fund earnings are taxed 15 per cent.
Pension Puzzle: Pre-retirement pensions aren't as tax-free as they used to be. Previously the earnings in all pension accounts were entirely tax free but now pre-retirement pension fund earnings are taxed 15 per cent.

Sacrificing part of one's salary into superannuation is a very useful way to save tax and build retirement benefits, as discussed last week.

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