Supercharged retirement: super with ABP

by

Ed.

From retirementessentials.com.au: Retirees can enhance their superannuation strategy by rolling back their Account-Based Pension into super and making new contributions, despite the limitations of existing ABPs such as no additional contributions and mandatory minimum withdrawals.

Strategies include utilizing lump sum withdrawals to reduce tax, making downsizer contributions from home sales, and employing catch-up concessional contributions for those eligible.

Filed under: Superannuation

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