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The proposed budget changes offer great incentives for everyone and we’ll show you how to benefit from them.
In addition to the removal of tax on superannuation payouts received after age 60, which was outlined in the original proposal, you now have until 30 June 2007 to make up to $1 million in after-tax contributions. After this date, there will be an annual after-tax limit of $150,000, which can be averaged out over three years.
The answer is – every Australian
who has a superannuation account.
The proposals impact:
The proposals also create some one-off opportunities which could make a big difference to your retirement strategy.
For many people the big question will be “Am I better off retiring now or later?”
Find out more or simply call us on 1800 555 667. We can also refer you to a qualified financial planner.
This additional change is a great incentive for those of us nearing retirement.
The proposed budget changes can really make a significant impact on the amount you have in later life, so it’s important to find out what these changes mean for your own financial situation.
So what should you do? Start by reviewing your superannuation strategy in light of the proposed changes. How? We’re committed to assisting you through this process and have developed a range of tools to help you understand how these changes apply to you.
Tools to help you maximise
the proposed budget changes
We have developed a range of tools to help you maximise the proposed budget changes for your own financial situation. These include fact sheets, information booklets, seminars and much more. Alternatively, call our Helpline on 1800 555 667 for more information.
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