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.

This may be up to 45% plus the 2% Medicare levy. However, by investing in a super income stream you canbenefit from considerable tax advantages. 
 

More money for you

Once you reach age 60 you pay no tax on your Cbus Super Income Stream, whether you receive regular income payments or withdraw lump sum amounts. 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%.

You’ll enjoy extra cash to spend on holidays, grandkids and a quality lifestyle. We recommend you contact Cbus Advice Services before making any decisions.