Theres a lot of talk about ’super retirement bonus’’ lately, in which funds are pitching that they offer a cash payment when you switch from accumulation stage to pension phase, but is a bonus really a bonus?
In this video I explore how these bonuses are essentially the funds refunding back money they’ve withheld during the accumulation phase of your superannuation years and what this means for you and your super fund.
If you want to learn more about Superannuation, you can read more about ‘how to pick a super fund’ here: blog.stockspot.com.au/choose-...,
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