Big changes are coming to Super

April 21, 2017 in Latest News

Big changes are coming to Super

With a raft of super changes coming into effect 1 July 2017, now is the time to start thinking about how these changes might affect your retirement plans. The changes are wide-ranging and mostly relate to lowering of the super contributions caps. That is, how much you’re allowed to put into super to take advantage of the generous tax environment super offers. There is however a window of opportunity before 1 July 2017 to take advantage of existing legislation.   Here are a couple of situations you may find yourself in where you could take advantage of this window of opportunity:

  • Are you expecting to receive a large sum of cash, such as an inheritance or proceeds from a divorce?
  • Do you have cash sitting in a low interest rate term deposit?
  • Have you been thinking about selling an investment property

Join us for a free information session where Brendan O’Reilly from Bridges Financial Services will outline the various changes to super; how they may impact you and how to make the most of the window of opportunity before 1 July 2017.

When: Thursday 11 May 2017
Time:   5.00 pm
Where: MCU

Please RSVP to counter staff, call 5499 8988 or email nic@mcu.com.au