The clock is ticking, super changes are just around the corner

As you may know, new superannuation rules will take effect on 1 July this year. The coming changes mean you have limited time to assess how these changes affect you.

Read this detailed update to find out more about the coming changes to super and what they mean for you.

Below are two case study examples that you may find useful as you consider how the coming changes may affect you.

Case Study 1

Claire is 63 and is planning to retire at age 65. She currently has total superannuation assets of $500,000 and has $540,000 of non-superannuation assets that she is prepared to contribute to superannuation. She has not previously made Non Concessional Contributions (NCCs). Claire has not triggered the current $540,000 bring-forward limit.

Read the full Case Study analysis and key action points.

Case Study 2

Jill is 55 and has a superannuation balance of $700,000. In September 2015 (2015/16 financial year), she contributed $250,000 NCCs into her super. She has not made any further NCCs. Jill has triggered the current $540,000 bring-forward limit but has not used it all up.

Read the full Case Study analysis and key action points.

It is important to understand how these changes might affect you.

Find out more about the coming changes to super and what they mean for you. Contact us to speak to a Blueprint Wealth financial advisor.