Quick tips - superannuation and preservation age
simplyaskit | August 23, 2018
Quick tips from the popular topics on simplyaskit
Ian H from Bradbury in South Aus asks
I'm 55 my preservation age is 59. I have an personal super plan maturing soon. If I let it mature and don't spend the money, will I be taxed on this money. Or should I reinvest before maturity?
Also, I have an investment property I wish to sell. Can I avoid CGT if I live in this property? If so, for how long?
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Peter S from Randwick In NSW asks
Interested to get people’s opinion on how the banking royal commission and the stricter lending policies of the banks will have on the housing market in Australia?
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Chrissy B from Lane Cove in NSW asks
Our home loan is with what people tell me is a 2nd tier bank, Suncorp. At a BBQ yesterday people were discussing interest rates and the suggestion was 2nd tier banks have been and are more likely to be increasing their rates more than the majors. Is this correct, I haven’t seen a change in our rate yet?
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