337 Get more money into Australia's best tax shelter – contribution cap increases

Money Over 50

Did you know that on the 1st of July 2024, you’ll be able to contribute more into your superannuation and take advantage of Australia’s best ‘tax shelter’? The reason for that is that superannuation contribution caps are increasing on the first day of the new financial year.

In this episode, Michael and Ali discuss the contribution caps and exactly how much they are increasing by, and how you can take advantage of this year’s as well as future years’ contribution caps.

For more information, please visit www.mo50.com.au