New contribution opportunities for trustees in 2020
The new year brings a host of new contribution opportunities for SMSF trustees, including options to boost the amount of concessional contributions made through spouse splitting and use of the new carry-forward rules, according to Lonsdale Financial Group.
The dealer group’s chief executive, Mark Stephen, told SMSF Adviser that the combination of the carry-forward rules, which were available for the first time in the 2020 financial year, and the new work test exemption could allow retirees to get large amounts into their super more easily in the coming year.
Read more at SMSF Adviser.
