Are you under 60? If so – you need to read this!
Tags: Super, super contributions, concessional contributions cap
As of July 2014, the super contribution caps have been increased for everyone aged under 60.
Those between 50 and 60 now have access to a temporary concessional contributions cap of $35,000! This was previously only available only for people over 60, and has jumped up from $25,000.
Under 50's don't miss out either... the contributions cap is being increased form $25,000 to $30,000.
This makes it a good time to revisit your super contributions strategy. Feel free to contact us if you’d like some help or would like more info.
