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New thresholds for Commonwealth Seniors’ Health Card a

It’s only available to people above age pension age (currently 66½ but increasing to 67 from 1 July 2023) who meet an income test in that their income is below a … See more

Actived: 3 days ago

URL: https://www.heffron.com.au/news/new-thresholds-for-commonwealth-seniors-health-card

Kaden Centre Heffron

WEBThe Kaden Centre is a registered Health Promotion Charity and relies on community support to meet 70% of the costs of its services. That way they can be accessed by …

Category:  Health Go Health

Insurance in SMSFs

WEBYou can take out a range of insurances in your SMSF including: life insurance. total and permanent disability (TPD) insurance. income protection. terminal medical condition …

Category:  Medical Go Health

Self Managed Super Fund Experts SMSF Providers

WEBSpeak to anSMSF Consultant. 1300 HEFFRON. Heffron are your expert Self Managed Super Fund providers and specialist SMSF administration team for over 25 years. We …

Category:  Health Go Health

SMSF Death Benefits Heffron Heffron

WEBOne place it appears is in the timing of death benefit payments. Death is one of the only times in superannuation law where a benefit must be taken from the fund. SMSF death …

Category:  Health Go Health

What NOT to do with older account-based pensions Heffron

WEBMr Reiter lost his Commonwealth Seniors Health Card thanks to the mishandling of an account-based pension he commenced in a public offer superannuation provider before …

Category:  Health Go Health

Access super under TPD

WEBJoin our newsletter. As a general rule, super benefits may only be accessed once a member has reached their preservation age (between 55 and 60 depending on when they were …

Category:  Health Go Health

Join Our Newsletter

WEBStay up to date with the latest SMSF news and insights, links to useful resources, provocative stories and more. Email*. First name*. Last name*. Company name. I am …

Category:  Health Go Health

Super & Natural Disasters: Early access to super Heffron

WEBEarly access to super. As a general rule, preserved superannuation benefits may only be accessed in lump sum form once members turn 65 or reach their preservation age and …

Category:  Health Go Health

5 tips for commuting a death benefit pension Heffron

WEBTip 1 is to remember you can’t partially or fully commute a death benefit pension and keep the benefits in the member’s accumulation account. This will breach the cashing rules. …

Category:  Health Go Health

Impediments to winding up SMSFs Heffron

WEBWhere a trustee of an SMSF paying a legacy pension wishes to wind up the fund, there are often significant impediments to doing so. Most legacy pensions cannot be converted to …

Category:  Health Go Health

Related party lease arrangements – your annual health check is …

WEBthe ATO compliance approach on COVID-19 rent concessions offered to related parties is due to end on 30 June 2021, and. the work the ATO is undertaking on non-arm’s length …

Category:  Health Go Health

Five SMSF pension tricks you shouldn't miss Heffron

WEBFourthly, don’t forget to report the commutation to the ATO by preparing a transfer balance account report. The pensioner’s transfer balance account is the running …

Category:  Health Go Health

Federal Budget October 2022 changes for Superannuation

WEBWhile not specifically superannuation issues, there are two other changes that are very relevant to retirees, often including those with SMSFs. Very significant increases to the …

Category:  Health Go Health

5 tips when fully commuting an SMSF pension Heffron

WEBManaging Director. Starting pensions is the main game in an SMSF but they are often also commuted (stopped). The driver might be a desire to move to another superannuation …

Category:  Health Go Health

Death of a spouse when both members of a couple have pensions …

WEBIt is easiest to explain the mechanics using examples. In all the examples below, we will assume that both members of the couple (Graham and Judy) originally had retirement …

Category:  Health Go Health

What happens when a pensioner dies

WEBA key difference between the two is that if the pension is reversionary, the pension just keeps running when the original pensioner dies – it simply has a change in ownership. In …

Category:  Health Go Health

The Audit Report for my SMSF has been qualified. What does

WEBAll SMSFs trustees are required to appoint an approved auditor to audit the operations of their fund each year. This annual audit must include both a financial audit and …

Category:  Health Go Health

Why all SMSF members should have an enduring power of attorney

WEBManaging Director. In our view, anyone who has an SMSF should also have an enduring power of attorney. Let me explain why. Powers of attorney are vital for all of us with an …

Category:  Health Go Health

Gifts that will keep on giving to your SMSF Heffron

WEBThe information shown on this site is general information only, it does not constitute any recommendation or advice; it has been prepared without taking into account your …

Category:  Health Go Health

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