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Which of the following correctly summarises the tax advantages of superannuation? a. All contributions to the fund and earnings within the fund are taxed at
Which of the following correctly summarises the tax advantages of superannuation? a. All contributions to the fund and earnings within the fund are taxed at 15%. b. All contributions to the fund and earnings within the fund are taxed at 15% until the age of 60, after which contributions and earnings are tax-free. c. All contributions to the fund and earnings within the fund are taxed at 15% until the age of 60. After the age of 60, all contributions continue to be taxed at 15% but earnings within the fund are tax-free. d. None of the above.
Which of the following correctly summarises the tax advantages of superannuation?
a.
All contributions to the fund and earnings within the fund are taxed at 15%.
b.
All contributions to the fund and earnings within the fund are taxed at 15% until the age of 60, after which contributions and earnings are tax-free.
c.
All contributions to the fund and earnings within the fund are taxed at 15% until the age of 60. After the age of 60, all contributions continue to be taxed at 15% but earnings within the fund are tax-free.
d.
None of the above.
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