Super Matters Update
From July 2018, if you are aged 65 or older you are able to contribute your downsizing proceeds from the sale of your main residence to super as a non-concessional contribution. This is one way to boost your super balance and increase the likelihood of enjoying a comfortable life at retirement.
Read more about boosting your super balance in our Super Matters Newsletter. This month’s edition focuses on superannuation and includes topics such as:
- – Boost your super by downsizing your home
- – Accessing the First Home Super Saver Scheme
- – Tax deductible super contributions
- – Risk of SMSF property gearing
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