The Winner's Playbook

The hidden death tax within super

Link Wealth Advice Episode 123

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0:00 | 43:56

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Super death tax, TPD payouts and the age pension problem

Superannuation can be one of the most tax-effective ways to build wealth, but many people do not realise there can still be tax waiting inside their super when they pass away.

In this episode of The Winner’s Playbook, Josh and Billy unpack the hidden super death tax, how taxable and tax-free components work, and why beneficiary nominations matter more than most people think.

They also discuss withdrawal and re-contribution strategies, how adult children can be taxed on super death benefits, and why getting the structure right can make a major difference for families.

Billy then breaks down total and permanent disability payouts, including how TPD claims work, why they can be complex, and the tax planning considerations that come after a payout is received.

To close out, Josh and Billy discuss the age pension, the treatment of the family home, gifting rules, and the issue being called the “widow tax” in relation to negative gearing and property ownership changes.

If you have super, insurance, ageing parents, or want to better understand how tax can affect wealth transfers, this episode is worth a listen.

⏱️ Timestamps:

 00:00 Intro
 05:51 Super death tax and beneficiaries
 07:41 Who can receive your super when you die?
 10:21 Taxable and tax-free components in super
 15:09 Withdrawal and re-contribution strategies
 19:18 TPD payouts inside super
 29:45 Is the age pension system fair?
 40:29 The proposed widow tax issue

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https://www.linkwealth.com.au/josh-lee-link
Get in touch with Billy:
https://www.linkwealth.com.au/billy-norman-link


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 General advice disclaimer: The information contained within this podcast is general in nature and does not take into account your personal circumstances. Please reach out if you wish to discuss your personal situation.