Work test changes open up TBC strategies for couples
The contribution changes coming in on 1 July will provide more time for spouses in SMSFs to even up their balances and maximise their transfer balance cap, according to an advisory firm.
Speaking at a recent event, HLB Mann Judd wealth management partner Michael Hutton said the removal of the work test for non-concessional contributions from July would open a huge raft of opportunities for SMSFs.
Read more at SMSF Adviser
