Published at: 5/8/2017 5:00:27 PM
The countdown is on to 1 July 2017, when important changes will come into effect impacting how much we can add to super each year. As most working Australians have an investment in super, it’s worth knowing what’s involved and what you can do before 1 July to maximise your super savings.
Again, if you use a SMSF it’s worth thinking about depositing this money into a savings account or term deposit. The key is to take advantage of the more generous limits that apply until 30 June.
If you have the cash available to add more to your super you should seek your own superannuation and tax advice before the calendar ticks over on 1 July.
This is general information only.