super contributions strategies
-
What you need to know about investing an inheritance into super
Learn how investing a sudden financial gain in super can pay off, with detailed case studies and a look at important restrictions.
This is a premium article, requiring a subscription or purchase to access fully. -
Why it can pay to put as much as possible into super
If your super balance is underwhelming, even small personal contributions can supercharge your retirement savings once compound interest and tax do the heavy lifting.
This is a premium article, requiring a subscription or purchase to access fully. -
Q&A: What are the benefits of spouse super equalisation strategies?
Q: Nikki asks, I would like to understand what the benefit is for my husband to withdraw funds when he turns 60, and then I reinvest the funds back in my name.
This is a premium article, requiring a subscription or purchase to access fully. -
The small business CGT retirement exemption explained
There are two ways you can use the sale proceeds from a business to boost your super, and the CGT retirement exemption is one of them.
This is a premium article, requiring a subscription or purchase to access fully. -
How the 15-year small business CGT exemption can help boost your super
Small businessowners approaching retirement can take advantage of some valuable tax concessions when they sell up and then contribute the money into super.
This is a premium article, requiring a subscription or purchase to access fully. -
What do the 2024 tax cuts mean for your super contributions?
Changes to tax rates could mean you need to rethink your contributions to super for the new financial year.
-
Q&A: Should I postpone my contribution reserving strategy until after the contribution caps rise?
Q: I was planning to make a $55,000 payment into my SMSF by 15 June 2024 as a Contribution Reserving Strategy for myself and my wife. With the limits increasing to $30,000 per person from 1 July 2024, can I make a $60,000 payment as Contribution Reserving instead of $55,000. In summary, can I take…
This is a premium article, requiring a subscription or purchase to access fully. -
Q&A: I’ve used the bring-forward rule, so when can I make more non-concessional contributions?
Q: I have maxed out my non-concessional contributions ($330,000) in July 2023. When is the earliest I can make new non-concessional contributions?
-
Contribution cap increases: Issues to consider
With contribution caps set to increase on 1 July, people need to weigh up their options before making additional super contributions before and/or after June 30.
This is a premium article, requiring a subscription or purchase to access fully. -
Boosting your super balance with Grow My Money
Did you know you can earn super contributions in return for your everyday spending? We tried out Super Rewards – a service that does just that.
-
Reducing tax on capital gains with super contributions
If you’ve made a capital gain this year, the tax office is knocking at the door. A personal tax-deductible super contribution could keep them at bay.
This is a premium article, requiring a subscription or purchase to access fully. -
How to use the Moneysmart Superannuation calculator
Watch our video demonstration of ASIC’s MoneySmart Superannuation calculator to see how it can help you predict your final balance and compare super funds.
-
How to use the Moneysmart Super contributions optimiser
The Moneysmart Super contributions optimiser will help you get the most out of your super contributions, maximising tax savings and government contributions. Our video tutorial walks you through how to use this valuable tool and understand the results, so you can supercharge your savings.
This is a premium article, requiring a subscription or purchase to access fully. -
Q&A: What to consider with unused concessional contribution tax claims?
Q: The bring forward concessional contributions tax claims. Are they still available and any other matters associated with such a tax claim?
This is a premium article, requiring a subscription or purchase to access fully. -
Q&A: Can I do contribution splitting if I live overseas?
What these rules allow us to do is to split, so to take up to 85% of the concessional contributions that were made into our own super fund account last year and then split them or allocate them to our spouse’s super account in either our fund or any other fund in the current year.
This is a premium article, requiring a subscription or purchase to access fully. -
Q&A: I’m over 75. Can I make a super contribution?
The key here is the age restriction on making contributions to super. Really, from age 75, the only real contributions that can be made to super are what we call downsizer contributions.
This is a premium article, requiring a subscription or purchase to access fully. -
Q&A: Can I contribute to a grandchild’s super account?
Am I allowed to put money from my savings into my granddaughter’s super account?
This is a premium article, requiring a subscription or purchase to access fully. -
New contribution strategies for retirees
Since new rules came into force last July, people aged 67 to 75 have more opportunities to boost their super even if they are no longer working.
This is a premium article, requiring a subscription or purchase to access fully.
