Case studies: How to make the most of higher contribution caps
From 1 July, the annual amount you can contribute to super will rise. If you are planning to make a large non-concessional contribution, it pays to think about timing.
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From 1 July, the annual amount you can contribute to super will rise. If you are planning to make a large non-concessional contribution, it pays to think about timing.
Going over your annual limits for super contributions can cause problems and cost you money, so it’s important to know what to do if you have.
Making a personal contribution into your super can be a great way to boost your retirement nest egg and enjoy the tax-effective benefits of the super system.
With Super Guarantee (SG) contribution rates changing again, it pays to understand the rules and the rate your employer is required to pay in 2022-23.
Concessional contributions make up most of the money going into your super account, so it’s important to understand what these are and how they work.
It can be confusing to understand all the different types of super contributions. But it’s worth learning the main types and what each one offers you.
Making a tax-deductible super contribution can be a great way to boost your retirement savings. Find out whether they could be the right strategy for you.
As your Total Super Balance impacts your eligibility to make certain super contributions, it’s vital to monitor it regularly when considering your options.
Although the rules on making super contributions in your 60s and 70s have been relaxed, it can still be a bit confusing to know who is eligible and who’s not.
Once you’re retired, making super contributions gets trickier. But it’s not impossible, so it’s worth learning which contributions remain available to you.
The Low Income Super Tax Offset is a government rebate that can help boost your super and make saving for retirement a little easier.
It’s not widely known, but it’s possible to put money from a personal injury compensation payment into super without many of the usual caps and limits.
The rules for making super contributions after age 67 have been relaxed substantially, but you must still meet a work test for one type of contribution.
SuperGuide is Australia’s leading superannuation and retirement planning website.
Superguide Pty Ltd ATF Superguide Unit Trust as a Corporate Authorised Representative (CAR) is a Corporate Authorised Representative of Independent Financial Advisers Australia, AFSL 464629.