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Which of the following statements about making contributions into super are FALSE: 1. Salary sacrifice contributions are eligible for the government co-contribution. 2. For an
Which of the following statements about making contributions into super are FALSE: 1. Salary sacrifice contributions are eligible for the government co-contribution. 2. For an individual under the age of 65, the maximum non-concessional contribution that can be made in any individual year is $100,000. 3. Downsizing contributions can be made by anyone over the age of 60. O None of the statements are false Statement 1 is false O Statement 2 is false O Statement 3 is false O Statements 1 and 2 are false Statements 2 and 3 are false O Statements 1 and 3 are false O All of the statements are false Which of the following statements about drawing an income from super are FALSE: 1. As long as an individual has reached their preservation age, they can rollover their superannuation into an Account Based Pension while they are still working. 2. It is not possible to make lump-sum withdrawals from a Transition to Retirement pension unless you have permanently retired. 3. If you are over the age of 60, pension income streams drawn from Account Based Pensions are tax free. Investment earnings on investments in an Account Based Pension are also tax free. 0 None of the statements are false O Statement 1 is false O Statement 2 is false Statement 3 is false O Statements 1 and 2 are false O Statements 2 and 3 are false O Statements 1 and 3 are false O All of the statements are false Which of the following statements about withdrawing funds from super are FALSE: 1. Employer Superannuation Guarantee contributions can be withdrawn from super if an individual is eligible for the first home super saver scheme. 2. If someone is terminated from employment and their super account balance is only $100, they could withdraw the funds from super tax-free. 3. If someone is unable to pay for medical treatment for a child, they may be able to make withdrawals from their super to help cover the medical costs. O None of the statements are false O Statement 1 is false O Statement 2 is false Statement 3 is false Statements 1 and 2 are false Statements 2 and 3 are false O Statements 1 and 3 are false O All of the statements are false Which of the following statements about making contributions into super are FALSE: 1. Salary sacrifice contributions are eligible for the government co-contribution. 2. For an individual under the age of 65, the maximum non-concessional contribution that can be made in any individual year is $100,000. 3. Downsizing contributions can be made by anyone over the age of 60. O None of the statements are false Statement 1 is false O Statement 2 is false O Statement 3 is false O Statements 1 and 2 are false Statements 2 and 3 are false O Statements 1 and 3 are false O All of the statements are false Which of the following statements about drawing an income from super are FALSE: 1. As long as an individual has reached their preservation age, they can rollover their superannuation into an Account Based Pension while they are still working. 2. It is not possible to make lump-sum withdrawals from a Transition to Retirement pension unless you have permanently retired. 3. If you are over the age of 60, pension income streams drawn from Account Based Pensions are tax free. Investment earnings on investments in an Account Based Pension are also tax free. 0 None of the statements are false O Statement 1 is false O Statement 2 is false Statement 3 is false O Statements 1 and 2 are false O Statements 2 and 3 are false O Statements 1 and 3 are false O All of the statements are false Which of the following statements about withdrawing funds from super are FALSE: 1. Employer Superannuation Guarantee contributions can be withdrawn from super if an individual is eligible for the first home super saver scheme. 2. If someone is terminated from employment and their super account balance is only $100, they could withdraw the funds from super tax-free. 3. If someone is unable to pay for medical treatment for a child, they may be able to make withdrawals from their super to help cover the medical costs. O None of the statements are false O Statement 1 is false O Statement 2 is false Statement 3 is false Statements 1 and 2 are false Statements 2 and 3 are false O Statements 1 and 3 are false O All of the statements are false
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