The concessional and non-concessional contribution caps are set to increase from 1 July 2024. These changes present an opportunity to further enhance your retirement position.
| Concessional Contributions | from $27,500 to $30,000 |
| Non-Concessional Contributions | from $110,000 to $120,000 |
These changes occurred following the release of the latest average weekly ordinary time earnings (AWOTE) figure.
Financial Lifestyle Partners and its advisers are Authorised Representatives of Fortnum Private Wealth Ltd.
ABN 54 139 889 535, AFSL 357306. http://fortnum.com.au
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