The theory relating to benefit payments is well known as are some of the strategies on how to pay benefits in the most tax-effective manner. This presentation explores the less common, possibly forgotten strategies that surround the laws on benefit payments by:??
- recapping on the taxation arrangements on lifetime and death benefits??
- discussing the implications of electing for a payment not to be treated as anincome stream??
- exploring the benefit of rolling back a pension now and commencing a new onelater??
- planning for income and salary sacrificing to maximise benefits??
- considering the opportunities with estate planning.