Ways to get more money into super so you can maximise a tax free pension in retirement! скачать в хорошем качестве

Ways to get more money into super so you can maximise a tax free pension in retirement!

Financial Planner Luke Smith joined 2CC Talking Canberra in Money Matters, which aired live on Friday 25 July 2025. The topic for this week is: What ways are available to get more money into super for a tax-free retirement? Most Australians now realise that saving into super provides tax free income in retirement. It comes about as a result of the special kind of structure superannuation is. Savings outside of super will incur tax just like they do while you’re working. Luke is of course joined by Leon Delaney of 2CC. Thank you for joining us live on 2CC, YouTube or your favourite podcast streaming service with ‘The Strategy Stacker – Luke Talks Money’. Key topics covered include: Employers are required to put money into super for employees. Click here for details on how much you should get. There are ways you can bolster your super too, other than via your employer. How much can you put it and get a tax deduction? The government has a limit on how much of a tax deduction you can get, it’s called the concessional contribution cap. What are the ways you can put money into super and get a tax deduction starting now? There are a couple of ways to do this! Don’t forget about the catch-up legislation, which is one way you can increase your current tax deduction for this year. Rules apply. Many people don’t realise that they can also put money into super without getting a tax deduction too. There’s also a limit on how much you can put in one year of $120,000. There is however another way to get more in, using the bring forward rules. This means you can put in up to $360,000 in one go, however, please check the rules to make sure you’re eligible. You can also use the downsizer legislation, if you’re looking to downsize your primary residence. - You can use money from the sale under the downsizer contribution to super rules. This way is in addition to all of the above ways too. Why would you save more into super? Tax free income and earnings in retirement! This includes capital gains tax. If you’re an employer, the capital gains tax small business concessions are worth considering too, which can help you bolster your superannuation before retirement. How do you start a tax-free pension from super? Luke shares his top tips to consider when looking at getting more money into super. We look forward to your company again and Luke’s book Smart Money Strategy is out now. For more information visit: https://thestrategystacker.com.au/ Follow us on YouTube:    / @thestrategystacker   Follow us on Facebook:   / envisionfinancial1   Follow us on LinkedIn:   / luke-smith-26a4ba16   Follow us on TikTok:   / thestrategystacker   Follow us on X:   / envisionadvice   Listen on Spotify: https://open.spotify.com/show/2V0zIrO... Listen on Apple Music: https://podcasts.apple.com/au/podcast... Listen on iHeartRadio: https://www.iheart.com/podcast/256-th... What to hear about a specific financial planning topic? Ask Luke your question here: https://thestrategystacker.com.au/ask...