A Recap of Superannuation Contribution Caps

Tag Archives: Superannuation Contribution Caps

A Recap of Superannuation Contribution Caps

Transition to Retirement

Superannuation was designed to encourage people to save for their retirement in a low tax environment.  To compensate for this generous concession, the Government placed strict caps on how much can be contributed each year and when the money can be accessed. Concessional super contributions include personal contributions claimed as a tax deduction by those […] Read More >