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Boost Super for Retirement: Tax Savings & Access

Published 1 week, 6 days ago
Description

Salary sacrificing into superannuation can be a smart move for those nearing retirement, even with a mortgage. Contributing $100 pre-tax weekly saves on income tax and offers tax-free funds for mortgage payments later. The bring-forward rule allows eligible individuals to contribute up to $300,000 at once. Always consult a financial adviser for personalized advice.

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