Fatten your super before July 1 hits
BIG changes to superannuation are approaching quickly, and savers should consider strategies now to prevent losses and avoid missing out on gains.
While the headlines have been dominated by the new cap on people’s tax-free super retirement pensions of $1.6 million â€” a number most Australians won’t reach â€” there are plenty of other changes coming on July 1 that have a much broader impact.
Here are five things to think about now.
1. CHECK YOUR CAPS