The Downsizer Contribution to super can improve your retirement, however, rules are different and important to understand, to ensure you don't make mistakes and are not in trouble with your super fund.
Downsizer contribution is only available to you if you are over the age of 65. A great news is that there is no upper age limit for this type of contributions to be made.
The Downsizer Contribution limit is $300,000 per eligible person and your contributions need to be from the proceeds of sale of your home. But this is a one-time offer for you to use.
Downsizer Contributions are not counted as a non-concessional contribution, therefore are not counted towards your non-concessional contribution annual cap. They will however count towards your transfer balance cap. There is no contribution tax to pay when funds enter super, but obviously you cannot claim tax deduction for those contributions either.
Let's now get to know all the rules you have to meet in order to make Downsizer contributions. Please watch the full video to find out all the rules you have to meet, to utilise this smart personal contribution to super.
Link Downsizer Contribution Form: [ Ссылка ]
To download the book 12 PRINCIPLES OF INVESTING:
[ Ссылка ]
Contact details:
Katherine Isbrandt of About Retirement
Website: [ Ссылка ]
Email: hello@aboutretirement.com.au
Or connect with me:
[ Ссылка ]
[ Ссылка ]
[ Ссылка ]
[ Ссылка ]
FSG: [ Ссылка ]
My Adviser Profile: [ Ссылка ]
#KatherineIsbrandt #AboutRetirement #DownsizerContributionRules
Ещё видео!