Posted in Bring-forward

A Super Window of Opportunity

Posted on 25 August 2022
A Super Window of Opportunity
A super window of opportunity New rules coming into force on July 1 will create opportunities for older Australians to boost their retirement savings and younger Australians to build a home deposit, all within the tax-efficient superannuation system. Using the existing First Home Super Saver Scheme, people can now release up to $50,000 from their super account for a first home deposit, up from $30,000 previously. Another change that will help low-income earners and people who work in the g...
Posted in:SuperannuationPensionRetirementRhodes DochertyTaxationContributionsDownsizerBring-forwardWork test  
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