Connect | Spring 2024 Edition
Robert Impact Wealth • December 12, 2024
Financial Wellbeing
In this issue:
- Changes to Super from 1 July 2024
- Heart and Head; Managing an Inheritance
Changes to Super from 1 July 2024
- The super guarantee contribution rate is increasing to 11.5% and will increase again to 12% as of 1 July 2025
- Annual concessional contribution caps will increase to $30,000 and non-concessional contributions caps will increase to $120,000
- This may mean there is even more tax savings available for you.
Heart and Head; Managing an Inheritance
- Losing loved ones is an emotional and difficult time. Managing the finances is often the last area anyone wishes to think about at the time.
- With a little forward thinking you can concentrate on what matters as opposed to the finances.
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