• Downsizer Contributions into Super
    October31 October 2018

    Downsizer Contributions into Super

    A favorable allowance announced in the 2018 Budget was the much talked about Downsizer Contribution.  From 1 July 2018 if you are 65 years or older and meet all the eligibility requirements you can choose to contribute up to $300,000 into super.  That’s potentially up to $600,000 for a couple.  What’s better is this downsizer contribution falls outside the scope of certain caps and restrictions currently in place – it is not a non-concessional...

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