Transcription of AvSuper GUIDE TO REDUNDANCIES
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AvSuper GUIDE TO REDUNDANCIES super for the aviation industry for 25 years 1 July 2017 ContentsWhere do I start? _____1 What is redundancy? _____2 Tax-free redundancy payment _____2 Employment termination payment (ETP) _____2 Unused leave _____3 Superannuation and redundancy _____4 Growing your super _____4 Managing your super _____4 Access to super as a lump sum _____5 Super components _____5 Why get financial advice? _____6 Financial issues to consider _____7 Financial situation _____7 Insurance _____7 What income sources can I use? _____8 Looking for new employment _____8 Retirement _____8 Government assistance _____9 Newstart _____9 Common questions _____10 Can I still grow my super? _____10 What are the contributions caps? _____10 Defined benefits and caps _____11 Can I claim a tax deduction for super contributions?
confusion, even if you choose to take a voluntary redundancy. It’s good to know that your AvSuper account continues and that our Member Advice Consultants can help you make
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