Superannuation

Learn how GESB’s Gold State and West State accounts work and why they are so unique.

Superannuation Taxation Worldwide Australian superannuation tax treatment differs significantly from that of many other countries. The government taxes contributions and investment earnings during the accumulation phase. However, benefits are generally not taxed, except for Total and Permanent Disablement (TPD) benefits and death benefits payable to non-dependents. In contrast, many other countries allow tax-free contributions and earnings, taxing benefits upon emergence. The