The end of the financial year is fast approaching. Here is a quick list of the actions to check off to make sure that you and your family members are getting the most out of the super system. And as the super rules apply to all, it doesn’t matter whether your family are members of your SMSF or not.
1. Maximise your super contributions – up to the caps
Maximise your concessional and non-concessional contributions, up to the $25,000 and $150,000 respective limits.
Concessional contributions are: