Managing CGT with super contributions
Q: I am about to make a capital gain of about $200,000. My marginal tax rate is 30% and I am an employee and 43 years old. I want to contribute the equivalent of the capital gain to my super, which is not self managed, so I save some money for the long run?
SMSFs: Can I transfer my life insurance to my DIY super fund?
Q: I have searched the web and the ATO site to determine if we can have our SMSF pay life insurance for members. I am unable to find whether these things are arm’s length in regard to existing policies or not.
Super concessional contributions: 2011/2012 survival guide
Superannuation contributions can be divided into two types — concessional (before-tax) and non-concessional (after-tax). Each type of super contribution is subject to a contributions cap.
For over-65s: Ten super tips when making contributions
You can make superannuation contributions up to the age of 74, and these can be concessional (before-tax) or non-concessional (after-tax) contributions. If you’re aged 65 or over, then you must satisfy a work test if you intend to make super contributions.
