@billynormanfp: Replying to @Addibeeb Death Tax = $85,000 How does it work and what can you do?

Billy | Financial Adviser
Billy | Financial Adviser
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Region: AU
Saturday 31 October 2026 23:22:19 GMT
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mr520530aini
一些澳大利亚人 :
Is there anything you can do if the owner of the super is over 75 ? Before they die ,
2026-11-14 00:39:09
0
gaz0583
gaz🇦🇺 :
amazing isn't it ,pay tax on super before we have access to it. pay more tax when it's left for kids.
2026-11-01 02:00:31
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robman2095
robman2095🇦🇺 :
What is the maximum age over 60 for withdrawal and recontribution to be possible
2026-11-01 07:25:09
0
skye23279
Hope :
Why are you calling it death tax when it’s not called that or even a thing
2026-11-06 13:28:40
0
melbro56
melbro56 :
so the parents pay the tax rather than the beneficiary??
2026-10-31 23:33:21
1
thomo3269
Thomo :
So frustrating on how complicated this has become I just want to get my super out and leave the Country.
2026-11-01 07:30:36
10
madant691
madant691 :
Well to be honest if I’m dead I’m not going really be bothered about the taxes🤣🤣🤣
2026-11-01 21:27:27
1
pfffffft
PFffft :
Then there’ll be a tax on this tactic to avoid tax🫠. The ato is probably taking notes.
2026-11-01 10:50:40
1
battru25
RTM🌲🐃🦇🦂 :
Tax is theft. They just slowly creep in more taxes and drain people money and it becomes a wealth transfer. Taxes are just modern day theft. 😡
2026-11-01 03:52:03
6
schmoliver70
Schmol :
I find this interesting. As a single adult, if my super balance was left to a parent or sibling, I find it incredibly hard to justify the extra tax being applied. It’s frustrating there isn’t a safeguard around this in situations where you don’t have dependents or a spouse.
2026-11-02 22:58:40
1
user028067800
user8235603138626 :
Don’t forget, you will also be required to pay additional income tax as you will likely be in a higher threshold.
2026-11-01 08:35:38
0
kate.louise.xx
kate.louise.xx :
Lost 70k to the death benefit tax when my mum passed 😡
2026-11-07 21:59:48
1
bond63973
Bond :
Australia does not have a general national death or inheritance tax, but tax can apply to superannuation death benefits depending on who receives the money.
2026-11-01 01:44:28
0
scruffie
Cockatoo caretaker :
Does super in a retirement account (non cumulative) also get death taxed? The funds have already rolled over once to the retirement account
2026-11-01 03:26:10
0
user1722393847373
user1722393847373 :
Tax grab
2026-11-01 03:30:58
5
www.tiktok.comjc683hshs
JC :
Thanks for the information. Seems fair to me.
2026-10-31 23:29:49
2
jillybean8984
jillybean :
I only have 50 in super at 62 and still have a mortgage. I work palatine due to serious illness. I feel like taking it out and put in offset. I am exhausted
2026-11-01 01:44:25
0
pfffffft
PFffft :
Is there an age limit on this?
2026-11-01 01:48:35
0
user5784730787272
user5784730787272 :
they just changed the name of it.
2026-11-01 02:33:23
0
trashykitten
Trashy Kitten :
That’s not true as if the person who dies is younger than 67 your partner is subject to death tax. I know as my husband passed away at 46 and I am paying a death tax.
2026-11-01 05:13:38
0
rainyjoy
Rainyjoy :
What if your beneficiary is your legal will?
2026-11-06 09:22:44
0
sami8165
Sam :
Nicely explained. Thank you.
2026-11-01 12:00:16
1
westernrocklobster
WesternRockLobster Fisherman :
I’m in a smsf with my parents who are over 60 does the death benefits tax apply to their contributions or is it not applicable?
2026-11-02 07:41:24
0
addibeeb
Addibeeb :
Thank you!
2026-11-04 20:08:07
0
bumpt99
bumpt99 :
Until they (Labor thieves) change their position
2026-11-01 01:13:17
1
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