Key factors that affect how your super payout is taxed

How do I know if my payout has taxed or untaxed elements?

Most super payouts are taxed. Sometimes they include an untaxed element. Your fund can tell you if your payout will include an untaxed element as well as a taxed element.

Certain public sector funds or schemes, such as government funds for public servants, are more likely to pay benefits with an untaxed element because generally these funds are not subject to tax.

To find out if your super fund or scheme is subject to tax, check this list of untaxed funds. If you're still unsure, ask your fund.

When you receive your payout, your super fund will send you a payment summary which will show:

• the components of the benefit, including any untaxed and taxed elements
• the tax withheld
• any tax offset you may be able to claim.

How the untaxed element of your super payout is taxed

How the taxed element of your super payout is taxed