It’s worth paying attention to new opportunities to get more into super after the lowering of the minimum age for downsizer contributions to 55. Downsizer super contributions are one-off contributions ...
Q: Regarding your recent column on making non-concessional super contributions when you have reached the $1.9 million transfer balance cap (TBC), I thought the $300,000 downsizer contribution from the ...
Since its introduction in the second half of 2018, the downsizer contribution strategy continues to be popular with both advisers and their relevant client base. It allows those who are age 65 or over ...
A Bill has been introduced to federal parliament which would give age pension recipients an extra year before the proceeds from the sale of their homes affect their pension payments. Labor said the ...
An outstanding advantage of the scheme is that money raised by a home sale can be put into superannuation regardless of most rules or “caps”. But for those who have downsized under the scheme – or ...
If you feel like your property is too big to maintain now the kids have moved out, you might consider downsizing and free up some equity to help fund your retirement at the same time. The ATO's home ...
New data has revealed the downsizer hotspots to keep an eye on across Australia as pensioners are encouraged to free up their big homes. A Bill has been introduced to federal parliament which would ...
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