626b mms: using a SMSF, investing for kids, making trade offs for financial goals, roller skating + more
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How to Increase Errands Balance With Your Superannuation Split
Superannuation Splitting is one of the best kept super secrets around. You can split up to 85% of your concessional contributions, which are the deductible contributions between the two. For example, you could use superannuation splitting to ensure that each year, both spousal partners receive the same amount of supercontributions. The first 15% of a supercontribution is contributions tax. If you were paid $10,000 a year in super, take away the $1,500 is the $8,500. Every year just send $4,250 over to your spouse's account. And that's a way that you can increase Aaron's superbalance today without impacting
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