You received a payout. Now make it last.
TPD payouts, income protection, workers' compensation, motor accident settlements and serious-illness claims often arrive at the worst possible time, and they need to last decades. We help Australians turn a one-off lump sum into a plan that funds care, lifestyle and a future you can still believe in.
Not sure this is your moment? Start here
What's happening
- You have received, or are about to receive, a lump sum from a TPD, income protection, workers' compensation or settlement claim.
- The money needs to last for years and replace income you can no longer earn.
- Tax and Centrelink treatment vary by component and you want to get it right.
- Care costs, modifications and lost income all need to be funded from this one sum.
- Family or carers may be involved and decisions need to be clear and defensible.
What to think about before you decide.
- 01
Avoid the tax surprises
TPD lump sums, super withdrawals under permanent incapacity and compensation settlements each have different tax treatment. The wrong order of withdrawal can cost a great deal, so map it before acting.
- 02
Build an income engine
A payout sitting in a bank account will not last. The real job is a sustainable income stream, through pension, super, investment or a combination, that pays you for as long as you will need it.
- 03
Understand the Centrelink interaction
How the lump sum is held affects the Disability Support Pension, JobSeeker and other entitlements. Holding it the wrong way can quietly disqualify you from support you would otherwise receive.
- 04
Manage family pressure
Loans to family, gifts and relatives' business ideas are conversations we walk into often. They almost always need a structure rather than a flat refusal.
- 05
Keep the risk appropriate
Post-injury wealth needs lower risk, higher liquidity and an honest acknowledgement that this money cannot be earned again. Be wary of products suited to a different life stage.
- 06
Plan for recovery and change
Whether you may return to work partially, fully or not at all changes everything. The plan should flex around recovery, retraining or further claims rather than assume the worst.
How we help
Insurance advice
We work through the claim components, coordinate trauma, TPD and income protection cover, and review the protection you carry from here.
ExploreWealth management
We structure the lump sum for tax and Centrelink and build a sustainable income stream designed to last the years it must.
ExploreHolistic financial planning
We bring care costs, estate documents, household cash flow and your long-term plan together, with family or carers involved where you would like.
ExploreQuestions we hear most often.
Have a question that is not here? Call 07 3399 2300 or book a consultation and we will answer it directly.
How is a TPD lump sum taxed?
It depends on whether the payout is from inside super or outside, your age, the tax-free uplift for permanent incapacity and the components of the benefit. Withdrawal order and timing can change the outcome significantly, so we work with your accountant to model and confirm the right pathway.
Will a payout affect my Centrelink or DSP?
Often, yes, depending on how the money is held, the asset thresholds that apply and which payment you receive. Some structures are exempt or treated differently. We model the asset and income test impact before any major decision is made.
Should I put my payout into super?
Sometimes. Super can be tax-efficient and provide a structured income stream, but contribution caps, conditions of release, age limits and your situation all matter. We model super against alternatives such as investment bonds, personal investment or a structured settlement.
Can a family member or carer attend?
Yes, and often that is better. We work openly with carers, family members and support people, and document decisions so everyone involved understands the plan.
Turn a one-off lump sum into lifetime income.
Get a written post-claim plan covering tax, Centrelink, holding structure, income strategy and the next ten years.