PENSIONS

Allocated and Account Based Pension Calculator

This calculator caters for both pre and post 1/7/2007. For Allocated Pensions it provides the minimum & maximum pension range based on a known date of birth, gender and purchase price. It also incorporates the ETP components of the purchase price, previously indexed benefits, social security and tax free components. For Account Based Pensions it provides similar detail.

Market Linked Pension Calculator

This calculator provides the range of terms and initial pensions available based on a known date of birth, gender and purchase price. It also incorporates the ETP components of the purchase price, previously indexed benefits, the RBL amount, social security and tax free components.

Valuation of Lifetime Pensions

This calculator determines the commutable value of a lifetime Flexi-pension.

ETP MATTERS

Undeducted Contributions & the Pre/Post mix

The making of an undeducted contribution to a member account has the effect of lowering the post component to as much as nil. 

Invalidity Component

Calculates the portion of a total and permanent disablement payout which can be classed as an invalidity component.

Component Options for an ETP drawdown

The pre/post mix alters depending on the level of various other components included in each drawdown. This calculator illustrates the effect. It may also be used to determine the pre/post components of a given member account.  

TAX

Tax Deductibility of Death Benefit Payments

Calculates the tax deduction available to the fund when a death or total disablement benefit is paid on an employed fund member (not available to the self employed).

Untaxed Post Component

Calculates the level of untaxed post component created by paying a death benefit with a life insurance component to a non dependant.

Anti-Detriment Payment

Calculates the level of anti-detriment payment able to be made for a deceased member and the amount of tax deduction applicable

Property Instalment Warrants

Costs Associated with SMSF Borrowing to Purchase Property

Estimates loan costs, stamp duty, establishment fees, etc. Allows modelling of different interest rates and terms.