What’s the best way to access $140k worth of leave entitlements? - Hi everyone. Just wanted to get some advice on my situation. Mid 40’s and I’m terminally ill. I have sick leave until the end of this year. I also have accrued what equates to about $140k worth of annual leave and pro rata LSL.
I will receive some TPD shortly and salary continuance when the sick leave runs out but I’m wondering the best way to access this leave? I have an untaxed superfund and I’ve found out that if you are terminally ill (24 months or less) it can be accessed without paying any tax on withdrawal. I’m not sure if I can salary sacrifice the leave into the fund and then withdraw it? Or is that only possible for future earnings?
Any advice is appreciated.
Edit: You’re all such a great bunch of people! Thanks for your kind thoughts and great advice! I’ll try to reply when I can but for now I’m off to have dinner with some friends.
To the people who DM’d me to send them money, just no. And I’m not taking anyone on a holiday, and I certainly don’t want to know about your cancer patient fetish. Stop being a weirdo!
Berkshire is hoarding so. much. cash.
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
