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In’s and out’s of the super downsizer scheme

Posted on May 27, 2019 by admin

Under the super downsizer scheme, eligible individuals that are 65 years and older may be able to make a contribution into their superannuation of up to $300,000 from the proceeds of selling their family home. This scheme came into effect on 1 July 2018 as one of several measures announced in the May 2017 Federal Budget.

Benefits to downsizer contributions:

Other considerations to be aware of include:

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In’s and out’s of the super downsizer scheme In’s and out’s of the super downsizer scheme In’s and out’s of the super downsizer scheme In’s and out’s of the super downsizer scheme In’s and out’s of the super downsizer scheme

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