Millions but not all to benefit from 2017 super changes With changes to super now in effect, numerous Australians will get a leg up, many being low-income earners. According to the Association of Superannuation Funds of Australia (ASFA), more than four million Australians will benefit from the super changes that came into effect on 1…

Super savings for your first home Let’s face it, getting your foot on the first rung of the property ladder is not only hard, for an increasing number of younger Australians, it’s downright impossible. As housing prices, particularly in capital cities, continue to outstrip wages growth, even saving for a deposit to buy a house…

The clock is ticking on major changes to superannuation that come into force on 1 July 2017. The changes are wide-ranging and are likely to affect everyone’s retirement savings. But it can pay to plan ahead both to take advantage of the existing rules, and to make the most of the new super landscape. Here…

smsf

Contributions – getting money into your fund If you are intending to make contributions into your SMSF, you need to make sure contributions are received by your SMSF on or before 30 June 2016 in order for it to be counted in the 2016FY. Check your timing – this year 30th June falls on a…

should i take my super as a lump sum

You’ve spent your working life accumulating super. So when the time comes, are you better off taking a lump sum, regular income or both? Let’s weigh up the alternatives so you can start to consider what may be best for you. Taking a lump sum If your super has been managed on your behalf during…

© 2015 MARK BABBAGE | MADE FOR FUN!

Babbage-Transparent

STAY CONNECTED WITH US: