Investing in super can save you tax

Super is one of the most tax-effective ways of saving for retirement. Income from your direct investments, such as term deposits, shares or property, is generally counted as assessable income and taxed at your marginal tax rate.

Your marginal tax rate may be up to 45% plus the 2% Medicare levy. However, by investing in a super income stream you can benefit from considerable tax advantages. 
 

More money for you

Once you reach age 60 you pay no tax on income payments from your Cbus Super Income Stream. Plus, there’s no tax on your investment earnings if you’re in the Fully Retired option and if you’re in the Transition to Retirement option earnings are taxed at up to 15%.

These tax savings could help you to enjoy extra cash to spend on holidays, grandkids and a quality lifestyle. We recommend you contact Cbus Advice team before making any decisions.