Navigating Income Streams | Accurium

Technical article
Income stream planning for clients can be complex due to the interaction, and sometimes apparent conflict, of different laws, which is then compounded by the musical chairs of legislation.

Not only are there myriad pathways to reach the optimal strategic solution, SMSF practitioners are often challenged by time sensitivities and the difficulty of accessing client data.

Nonetheless, your ability to effectively steer clients through this complex area demonstrates the clear value of your services.

In this article we address some of the more commonly asked questions in relation to income stream planning and cover topics including eligibility to make superannuation contributions, commencing or winding up an income stream, and managing income streams for reversionary beneficiaries and estate planning.

Disclaimer

This information is provided by Accurium Pty Limited ABN 13 009 492 219 (Accurium). It is factual information only and is not intended to be financial product advice, legal advice or tax advice, and should not be relied upon as such. The information is general in nature and may omit detail that could be significant to your particular circumstances. The information is provided in good faith and derived from sources believed to be accurate and current at the date of publication. While all care has been taken to ensure the information is correct at the time of publishing, superannuation and tax legislation can change from time to time and Accurium is not liable for any loss arising from reliance on this information, including reliance on information that is no longer current. We recommend that you seek appropriate professional advice before making any financial decisions.