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Describe the content of this ppt and give me some ex If you are between your preservation age and 60 years old THE UNIVERSITY OF
Describe the content of this ppt and give me some ex
If you are between your preservation age and 60 years old THE UNIVERSITY OF WESTERN AUSTRALIA \begin{tabular}{|c|c|c|c|} \hline \begin{tabular}{l} Taxable component - \\ taxed element \end{tabular} & Income stream & \begin{tabular}{l} Your marginal tax rate \\ less 15% tax offset \end{tabular} & \begin{tabular}{l} Your marginal tax rate \\ less 15% tax offset \end{tabular} \\ \hline \begin{tabular}{l} Taxable component - \\ taxed element \end{tabular} & Lump sum & 0% & \begin{tabular}{l} Your marginal tax rate or \\ 17%, whichever is lower \end{tabular} \\ \hline \begin{tabular}{l} Taxable component - \\ untaxed element \end{tabular} & Income stream & Your marginal tax rate & Your marginal tax rate \\ \hline \begin{tabular}{l} Taxable component - \\ untaxed element \end{tabular} & Lump sum & \begin{tabular}{l} Your marginal tax rate or \\ 17%, whichever is lower \end{tabular} & \begin{tabular}{l} Your marginal tax rate or \\ 32%, whichever is lower \\ - unless the sum of the \\ untaxed elements of all \\ super lump sum benefits \\ received under the super \\ plan exceeds the untaxed \\ plan cap. Amounts above \\ the cap will be taxed at \\ the top marginal rate. \end{tabular} \\ \hline \end{tabular} * Low-rate cap is $230,000 in 2022-2023Step by Step Solution
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