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The 2012 Federal Budget and your super
Recently, the Government announced the 2012/2013 Federal Budget. And, while this Budget may not be super-centric, there are some changes that may affect how super operates in the future.
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Big changes for the over 50s
If you’re aged 50 or over, this year’s change to the concessional contributions caps could make a big difference to your retirement plans. Without good strategic advice, you could miss some significant opportunities or incur higher tax bills.
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Now’s the time to look at transition to retirement strategies
If you’re aged 55 or over, this 30 June could be the most financially significant since the Simple Super changes came into effect mid-way through 2007.
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