Superannuation


Death Benefits from super

Tax treatment of a Beneficiary

An untaxed element could arise with payments made from an untaxed superannuation fund (e.g. public sector super fund) or the proceeds of an insurance policy paid via the super fund.

Another option, if offered by your fund, may be for a surviving dependant to draw an income stream from the super fund. This may be a more tax effective option, however a more restrictive definition of dependant usually applies in this case.