All you need to know about Super Contributions
There are a number of ways to make or receive contributions to your super account. Let us count the ways and help you work out the best fit for you….
What do you need to think about when deciding when to retire?
When it comes to planning for retirement, it’s important to prepare yourself emotionally and financially. If you’re building your retirement plan, here are some things you may want to think…
Does your SMSF Trust deed comply?
An SMSF trust deed must have a series of non-negotiable items in it, such as rules allowing the use of a contribution suspense account.
Downsizer and bring forward combination creates new opportunities for super strategy
With the recent bring-forward measures passed along with further extension proposed in the federal budget, its combination with potential downsizer rule changes creates a different perspective for the SMSF strategy when it comes to implementation.
Your guide to the super guarantee and rate changes
From 1 July 2021, the contributions your employer is required to make into your super fund, under the super guarantee, will increase to 10% of your before-tax income. The super…
Drawdown relief for all pensions
The reduced minimum pension relief that will now apply for the 2022 financial year is not restricted to account-based pensions, said a legal specialist.
New SMSF quarterly statistics highlight continued post-COVID recovery
The ATO’s newly released March 2021 quarterly statistical report has revealed the total number of SMSFs will soon hit 600,000, with consistent growth seen across establishments and assets as the industry heads into a post-COVID economic recovery.
Can I go back to work if I’ve already accessed my super?
Generally, you can, but there may be other things to consider. When you access your super at retirement, depending on your age and personal circumstances, your super fund may ask…
Should I top up my super before 30 June?
The Superannuation Guarantee (SG) is a compulsory contribution to super that employers must make to an employees superannuation fund. The current SG contribution rate is 9.5% of an employee’s salary….
