Deciding in favour of an account-based pension from your self-managed super fund (SMSF) still leaves open the option of taking a large tax-free payout at any time.
Anyone tempted to cheat on their tax, whether in this or future financial years, would be well advised to take close note of the ATO's compliance program.
You'll now receive new articles and insights that will help you earn more, save more and make the most of your investments.
You can expect to hear from us every week.
In the meantime, stay up to date by following Money on social media.
Important
To ensure you receive emails from us, we recommend that you add our email address (@moneymag.com.au) to your contacts or safe senders list.
If you don't receive our newsletters, please check your "Junk" folders. Your email provider should give you an option to add the email to your safe list.