Superannuation Funds Capped

09.05.2016 • Politics and War

From the Daily Reckoning (AUS) – I’m a huge fan of self-managed super funds (SMSFs) – being able to control the investment process, reducing expenses to a wafer thin margin, and having the ability to personally manage the fund’s CGT and income tax liabilities to minimize my contribution to Canberra’s wastefulness. The government’s (still to be legislated) limit on how much can be transferred or retained in the tax-free retirement phase caught my attention, as you might imagine.

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