Before Changing your Super, make sure you qualify

If you’re considering a re-contribution strategy, it’s important to understand that you need to meet the requirements to access your superannuation before you can use this approach. Generally, you need to have reached your preservation age and be retired, or have reached age 65 to have full access to your superannuation. Once you meet the eligibility requirements, a re-contribution strategy can be a valuable way to help reduce the potential tax impact on your adult beneficiaries. While this strategy may not provide a direct benefit to you personally, it can help maximise the amount of your superannuation that is passed on to your loved ones. Planning ahead can make a meaningful difference in the legacy you leave behind. General advice only. Amy Lehmann is an Authorised Representative (No. 1292710) of Consortium Private Wealth Pty Ltd (AFS Licence 495401).

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Amy Lehmann is an Authorised Representative(No. 1292710) of AFSL 495401.