Contractors – Important Dates for over the Christmas and New Year period
Wishing you good cheer to the Christmas Holiday and the coming New Year.
During the festive season, please be aware that there are changes to payment and timesheet submission dates – due to public holidays.
The SDP office is celebrating two Birthdays this week Sonia’s Birthday is today and Arnaldo’s tomorrow.
Wishing you both a Happy Birthday! The red velvet birthday cake went down a treat.
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Why it’s a bad idea to withdraw your entire Superannuation fund in one lump sum
Australian Prudential and Regulation Authority figures show in the 2014/15 financial year account holders withdrew a whopping $31.4 billion in lump sums as opposed to $29.5 billion being taken from accounts as a pension.
Also in 2013/14, lump sum withdrawals were higher than super savings taken as an income stream.
However, Australians are being warned that withdrawing your entire superannuation savings in one hit can be a bad financial move, particularly for those with larger balances.There are many things to consider before withdrawing all funds at once.
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