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Peter Burgess

Do this after June 30 and you could boost your super by $110,000

Getting the timing right on contributions is just one of a host of things SMSF members need to pull together before the end of the tax year.

Peter BurgessContributor

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With June 30 fast approaching it’s time for self-managed super fund members and trustees to get their affairs in order.

It is critical for individuals to review any super contributions (whether tax-deductible or non-concessional) made this financial year to consider whether there is an opportunity to make additional personal contributions to boost retirement savings.

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Peter Burgess is CEO of the SMSF Association.

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    Original URL: https://www.afr.com/wealth/personal-finance/do-this-after-june-30-and-you-could-boost-your-super-by-110-000-20230515-p5d8gb