Question
Nathan, who is currently 59 and retired has just commenced a pension from his superannuation benefit of $1,000,000, which is made up of a 100%
Nathan, who is currently 59 and retired has just commenced a pension from his
superannuation benefit of $1,000,000, which is made up of a 100% taxable component.
He has nominated to draw down 7.5% of his benefit. Calculate his tax payable on this
account based income stream withdrawal. What advice would you give him to reduce
his tax payable?
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
