Tax rules for death benefits
While nominating beneficiaries are bound under superannuation law, payouts to nominated beneficiaries are guided by the Australian Tax Office (ATO).
Tax laws around death benefits are very different depending on your age, your relationship to the deceased, how you accept the payout and how the deceased was having their super paid to them. If you are facing a current query or concern, you can find out more information and specific case studies from the ATO.
Alternatively, if you are a Rest member, one of our Rest Advisers
can help you navigate any tax complexities or questions.
If you're facing the death of a loved one or have come into a sum of money, navigating the tax implications and regulations can be complex. It might be a good idea to discuss your options with a Rest Adviser
to work out the best plan for you.