Aussies Unaware: Up to $9,000 in Unnecessary Super Tax Payments Revealed
2025-01-29
9News.com.au
New research exposes that hundreds of thousands of Australian retirees are mistakenly paying extra taxes on their superannuation balance, with some forking out up to $9,000 extra. Approximately 700,000 retired Australians over 65 are still having their super taxed, resulting in avoidable financial losses. Experts recommend reviewing superannuation statements to ensure correct tax payments and maximize retirement savings through efficient super management and tax optimization strategies. This oversight can significantly impact retirement funds and overall financial security.