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Archive for December 2022
News
Upsize your retirement savings with downsizer contributions
Submitted: 13-Dec-2022
The downsizer superannuation contribution provides an opportunity for eligible people aged 55 and over to sell their home and make a contribution to superannuation from the proceeds.
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( Posted in: Superannuation
)
Legislation passes reducing downsizer eligibility age to 55
Submitted: 6-Dec-2022
Legislation reducing the eligibility age to make a downsizer super contribution from 60 to 55 has passed and awaits Royal Assent. The commencement date is 1 January 2023 if Royal Assent is received prior to this date, otherwise it is likely to be 1 April. We will update you when the commencement date is confirmed.
( Posted in: Superannuation
)