Grandparents that gift to their grandchildren

Bob Budreika was recently quoted in a News.com.au article on grandparents who gift to their grandchildren

Grand parents gifting

Image sourced from News.com.au article

“People aren’t aware that you can have superannuation for children — there is no age minimum,” Budreika says. The super option isn’t for everyone, because the grandkids won’t be able to touch it until at least age 70 based on today’s rules, and governments of both sides are constantly changing the super rules.”

The full article can be read here

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