“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 ·
“If you use the $20,000 to make a concessional contribution… net tax saving of about $3,400”
Get Started Investing · What should I do with a lump sum: Save, super or invest?
Play from 16:06
16:06
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
What was described
show tax saving from making a $20,000 concessional super contribution at a 32% marginal tax rate
$3,400 net tax saving (after 15% contributions tax)
Said nearby on the same subject
“Big advocate of getting the best bang for my buck... I'd probably start with some super contributions, simultaneously saving tax and growing my wealth there and I keep the entire pie tax free”
RJ
Riley Jan
Geared for Growth Property Investing Podcast ·
“We've got a flat tax rate... contribute, pay 15% tax, 10% capital gains tax until retirement. And then you pay no tax.”
SW
Stuart Weems
Investopoly ·
“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 ·
Moments like this, every Monday
The strongest new moments on your topics, in the speakers' own words. Free for three topics.
No card. No password. One-click unsubscribe.
Track a competitor?
Pro watches up to 25 names or phrases and emails you the morning after they are said.
See Pro, $29 a monthVerbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.