Amid the major reforms to superannuation that took effect on 1 July, some significant changes to the tax treatment of your Transition to Retirement Pension (TTR) may have flown under the radar. Some individuals will be affected more than others
Planning your retirement isn’t just about what you are going to do once you stop work. It’s also about planning the actual process to make the most of your accumulated wealth. This includes tax planning.
The clock is ticking for investors who want to take advantage of the more generous tax concessions available in super this financial year. As of 1 July, new rules come into effect that will reduce contribution limits.