From The Editor Issue 26: Superannuation and Death Benefits

Charity Bru

A hot topic asked by members is ‘what happens to my super when I die?’ As they say, the only two certainties in life are death and taxes, however death of a super member does not necessarily mean taxes. Determining taxes, if any, when a member dies can be complex.

In this edition of From the Editor, Charity Bru addresses rules when it comes to superannuation, death and taxes. Charity outlines the factors at play, clearly outlining what tax would be payable if any upon death. In addition, there is a way to prepare for minimising tax at death called the re-contribution strategy, which Charity also discusses.