“When you move to an allocated pension… earnings become tax-free, withdrawals become tax-free… you can re-contribute it to super”
MI
Matt Ingram
Equity Mates Investing Podcast ·
“You can put in $300,000 each to each other super… it does not go towards the 130… you can do a downsizer no matter what your super fund limit is.”
Mark McGrath · Retire Right · 442 Super contributions over $500k, selling the IP, the bucket strategy debate + more
Play from 9:02
9:02
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
Explain that a downsizer contribution of up to $300,000 per person can be made to super even when total super balance exceeds $500k or $2.1 million
$300,000 per person, no cap interaction
Said nearby on the same subject
“If you're weighing up whether to contribute an extra $1,000 into super each year, it's probably not going to move the dial. I don't think you'd go and get financial advice for that”
SW
Stuart Weems
Investopoly ·
“The extension… is a little bit over 70 million pounds. The super computer itself will be between 300 and 350 million pounds… electricity will cost somewhere around 160, 180 million pounds… adds up to 750 million”
♫
Said on Tech Life
“If your income's over $250,000, contributions to super are taxed at 30%… means less of a tax saving”
MI
Matt Ingram
Equity Mates Investing Podcast ·
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