In the 2004/05 Budget, the Federal Government announced the biggest overhaul in retirement funding for the last decade. This third edition of Barbara Smith & Ed Koken's hugely popular book takes account of all the government's announcements so you can better use your hard-earned savings to give you the most effective and profitable income stream for your retirement.
Super experts, Barbara Smith and Ed Koken explain all the rules and strategies to minimise your tax burden. They can also help you plan so that your money does not run out prematurely. This new edition takes in all the changes affecting allocated pensions and annuities that came into effect 20th September 2004, including: market-linked pensions, the preservation of termination payments, the changes to age pension eligibility, government co-contribution and altered tax rules.
