Transition To Retirement (TTR)
If you’re over 55 and still working, we could save you thousands.
Many Australians are now deciding to Transition into Retirement (TTR) by continuing to work at a lesser capacity on a casual or part time basis.
To assist in this, the Government has implemented Superannuation rules to allow you to have access to some of your Superannuation while you are still working.
If you are around the age of 55 and you would like to:
- Reduce the amount of tax that you pay,
- Increase your Superannuation Contributions, and
- Do this without reducing your income
Contact us to arrange a free no obligation meeting with one of our Financial Advisers.
Stepped vs Level Insurance Premiums
Life insurance premiums are predominantly based on the risk of certain events happening to you. Because health risks increase with age, life insurance premiums will generally increase over time. That’s why most insurers offer two common ways of paying for, and...
“Thrive Financial Services has gone beyond expectation in helping us with our superannuation as we approach retirement. The advice given by Mark Moller has certainly put us on the right track and we are now in a much better financial position. Thank you Thrivefs.”
Importance of On-Time BAS & IAS Lodgement
No one likes losing out on tax deductions or paying more tax than they have to. Even Albert Einstein once said: “The hardest thing in the world to understand is the income tax.” From 1 July 2019, with the new Pay as you go (PAYG) legislation, businesses can have their...