could the government change the cap on non-concessional contributions (currently $150k)? could the government change the preservation age(the age most of us can access their super) – it’s been suggested that preservation age move to 67 by the interim Henry Review?
We’ve also removed SMSFs with lapsed lodgments from SFLU, which means they can no longer receive contributions or rollovers. First time non-lodgers The second group on which we’re focussed is first time non-lodgers. Given our finding that once SMSFs stop lodging for the first time, ...
The article provides information on the nine changes to superannuation rules that became effective on July 1, 2013. The cap on contributions taxed at the concessional rate of 15 percent for people over age 60 has elevated from 25,000 to 35,000 Australian dollars a year. It is noted that ...
(to make it simple I have assumed no new contributions). Assume the same return of 6% p.a. (see point 2 below about returns) but a 1% higher management fee in the actively managed fund so the net return on the passively managed SMSF (after expenses) is 5% and the net return on ...