SuperGuide

Superannuation and retirement planning information

November 2024 Super booster newsletter

Super funds of the year awards: Best super funds for 2024-25
After a major overhaul of its fund offerings and member services, Aware Super has been awarded the best overall fund by the two major ratings groups, SuperRatings and Chant West. Read more.
Super funds of the year awards: Best super funds for 2024-25
After a major overhaul of its fund offerings and member services, Aware Super has been awarded the best overall fund by the two major ratings groups, SuperRatings and Chant West. Read more.

UPDATED SUPER FUND RANKINGS

See where your fund ranks over 8 timeframes. Now updated to 30 September 2024.

How superannuation works: Super for beginners guide
Super often ends up being your biggest asset outside the family home, so it pays to understand how it works and then to keep tabs on it. Read more
How superannuation works: Super for beginners guide
Super often ends up being your biggest asset outside the family home, so it pays to understand how it works and then to keep tabs on it. Read more
Making superannuation contributions: Super for beginners guide
It can be confusing to understand all the different types of super contributions. But it’s worth learning the main types and what each one offers you. Read more.
Making superannuation contributions: Super for beginners guide
It can be confusing to understand all the different types of super contributions. But it’s worth learning the main types and what each one offers you. Read more.
Super fund performance: Monthly returns to October 2024
Despite a despondent October performance, super funds are up a healthy 10.3% so far this year with only six weeks to go. Read more.
Super fund performance: Monthly returns to October 2024
Despite a despondent October performance, super funds are up a healthy 10.3% so far this year with only six weeks to go. Read more.
Super news for November 2024
The Trump effect on markets, Under-18s missing out on super, Cbus slammed for claims delays, Retirement attitudes changing. Read more.
Super news for November 2024
The Trump effect on markets, Under-18s missing out on super, Cbus slammed for claims delays, Retirement attitudes changing. Read more.

Advice options for planning your retirement

Thursday 21 November 2024 at 4:30 pm AEDT

The vast majority of Australians plan and start their retirement without any advice, with cost and trust being the main barriers. In this webinar we explore some of the key options for advice and guidance, including from financial advisers, super funds, retirement coaches and retirement income modellers.

Q: I made a non-concessionary bring forward contribution of $330,000 on 2 March 2023 (ie. the 22/23 tax year). I therefore assume I cannot make another contribution until the 25/26 tax year without incurring tax consequences. Can I make another non-concessionary bring forward contribution at any time during the 25/26 tax year (ie. from 1 Jul 2025 onwards) or do I have to wait a full three years (ie. until 3 March 2026)?

A: Thanks for getting in touch. The bring forward period commences at the start of the financial year you first exceed the non-concessional cap and encompasses three financial years from that time, assuming you are eligible for a three-year arrangement.

A three-year bring forward period that commenced during 22-23 will end on 30 June 2025, and further contributions can be made from 1 July 2025.

You can confirm the duration and end date of your bring forward period by logging in to MyGov and using the linked ATO service to see your superannuation information.

Find out how splitting super contributions with your spouse can maximise your super opportunities.

Important: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions.

Superguide Pty Ltd ATF Superguide Unit Trust as a Corporate Authorised Representative (CAR) is a Corporate Authorised Representative of Independent Financial Advisers Australia, AFSL 464629.