Downsizer Superannuation Contributions has reduced a barrier for older Australians to move from homes that no longer meet their needs, so more homes can be available for younger Australian families. From 1 July 2018, people aged 65 and older can make a non-concessional (post-tax) superannuation contribution of up to $300,000 from the proceeds of selling...
The First Home Super Saver Scheme (FHSSS) helps Australians boost their savings for a first home by allowing them to build a deposit inside superannuation, giving them a tax cut. The FHSSS applies to voluntary superannuation contributions made from 1 July 2017. These contributions, along with deemed earnings, can be withdrawn for a home deposit
If you’re planning to downsize when you retire, or you’d just like to chase the sun and find a community of like-minded people, then here are some retirement destinations worth considering. Top retirement destinations You’ve worked hard towards your retirement and are looking forward to enjoying the rewards your new freedom brings. Now that your
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