Q: I believe the government is about to allow downsizer contributions from age 60. My new partner, 61, is proposing to sell her house to buy a share of my house. Can she make a downsizer contribution ...
Q: Regarding your recent column on making non-concessional super contributions when you have reached the $1.9 million transfer balance cap (TBC), I thought the $300,000 downsizer contribution from the ...
New data has revealed the downsizer hotspots to keep an eye on across Australia as pensioners are encouraged to free up their big homes. A Bill has been introduced to federal parliament which would ...
Eligibility to the downsizer program where investors can put the proceeds of a large family home into super tax free have been lowered — and you don’t even need to buy another property. Since July 1, ...
If you feel like your property is too big to maintain now the kids have moved out, you might consider downsizing and free up some equity to help fund your retirement at the same time. The ATO's home ...
An outstanding advantage of the scheme is that money raised by a home sale can be put into superannuation regardless of most rules or “caps”. But for those who have downsized under the scheme – or ...
A Bill has been introduced to federal parliament which would give age pension recipients an extra year before the proceeds from the sale of their homes affect their pension payments. Labor said the ...
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