Advisor Q&A: Understanding the other $1.6m super cap
There's another new limit around superannuation that hasn't been widely discussed to date, and it affects all working Australians.
There’s another new limit around superannuation that hasn’t been widely discussed to date, and it affects all working Australians.
The “total superannuation balance” cap is applicable to all those in accumulation phase and runs in parallel to the widely reported $1.6 million pension transfer balance cap in retirement phase.
In this live webcast hosted by InvestSMART Editor Tony Kaye, ask our licensed financial advisors Bruce Brammall and Max Newnham your questions around the new total superannuation balance cap, how it is calculated, and the restrictions around making further concessional and non-concessional superannuation contributions.
Live Blog Understanding the other $1.6m super cap
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