Cash isn’t the only way to contribute to your super, but there are critical details you’ll want to keep in mind before you start messing with in-specie contributions. Moving your share portfolio into your super can be a way to bolster your superannuation before retirement, but...
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. Grow your super… you hear it often enough, but it can be hard to work out just...
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 about. You may need to fund a longer retirement Australians are living longer so more of us...
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.
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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.
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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 guarantee will increase from 9.5% to 10%, as planned, on 1 July 2021. The outcome of this...
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.
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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.
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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 you to sign a declaration stating you intend to never return to work again. However, there...
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. This contribution rate will increase to 10% from 1 July 2021. In addition to receiving employer...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.