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245 money in your 40s and 50s
Dev Raga Personal Finance
What Are Non-Concessional Super Contributions?
Non-concessional contributions just means after tax contributions into super. If you're low on passive investments and don't own anything outside of super, this might be the single best investment you could do. Super is important because it was first designed to ensure Australians have a mechanism to say for their retirement. It provided tax advantages and also meant there are restrictions on when you can access your money. And that's why it's so attractive and shouldn't be ignored in your career, especially at the age of 40s and 50s.
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