Boost Your Superannuation Assets – “Downsizer” Superannuation Contributions

There is a little-known opportunity to readily boost your superannuation assets: “downsizer superannuation contributions”. I encourage clients to capture this opportunity, if possible. Since 1 July 2018, an eligible homeowner aged 65 or over can make a tax-free downsizer contribution of up to $300,000, or up to $600,000 per couple, into superannuation from the proceeds […]