Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM. The show aired on Monday 5 March 2018. The topic was PSS Super – Public Sector Superannuation Scheme.
If you missed the discussion click here to listen to the podcast now.
Luke and Richard talk about the PSS Super in detail. The PSS is closed to new members but there are good opportunities for holders of this fund if they know how to make the best use of it.
The acronym of the week is TBC – Transfer Balance Cap. It’s new superannuation legislation that came into effect on 1 July 2017 and effects all super account holders including PSS members (both working and retired). The transfer balance cap is a limit on how much of your super you can transfer from your accumulation super account(s) to tax-free ‘retirement phase’ account(s) to receive your pension income. No one likes paying more tax than they need to so it’s important to investigate your options.
Find out more by listening to the podcast now.
Contact Luke on 02 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.
Luke will be back on 2CC Friday 16 March – 2CC 1206AM, at 4.30pm.
Envision 2CC offer – Your first appointment is at our cost, so make an appointment to confidentially discuss your financial situation and retirement goals.