How to take advantage of the increased Transfer Balance Cap (including calculator)
An increased Transfer Balance Cap creates opportunities to transfer more into the tax-free retirement phase and contribute more to super but beware the fine print!
Set out below are the latest guides that relate to case studies.
Aged care: Guide to self-managing home care
Self-managing government-subsidised home care is an increasingly popular way to maximise the hours of care provided with hand-picked carers.
Using the Home Equity Access Scheme to fund aged care
Proposed changes to the Pension Loans Scheme (now known as the Home Equity Access Scheme) could help more elderly Australians stay in their own home for longer.
Case study: Combining downsizer and non-concessional contributions
New rules from 1 July will potentially allow older Australians to bring forward the sale of their home and get two bites of the super contributions cherry.
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.
Case study: Boosting retirement income with downsizer contributions
Lee and Mandy are retired and want to see whether downsizing could increase their retirement income.
Case studies: Super death benefit nominations
To ensure your super ends up in the right hands when you die, these examples highlight how even the best laid plans can sometimes have unintended consequences.
What SMSF trustees need to know about exempt current pension income (ECPI)
It’s worth getting your head around the ECPI rules, as they can provide tax benefits if your SMSF is paying a pension.
The arm’s length rule for SMSFs
Self-managed super funds are generally a family affair, but “mates rates” for fund transactions or business dealings are strictly off limits.
Case study: Transferring shares into your SMSF (an in-specie transfer)
Moving assets into the lower-tax super environment can be a rewarding strategy. This is how it’s done.
The lowdown on COVID-19 relief for SMSF borrowings
Answers to common questions from SMSF trustees about repayment relief for their LRBA loans.
