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Proposed measures to increase retirement savings

http://blog.revolutionadvisors.com.au/proposed-measures-to-increase-retirement-savings/

Currently, people aged 65 to 74 can only make voluntary superannuation contributions if they meet the ‘work test.’ This means they must report themselves to be working a minimum of 40 hours over a 30 day period within the financial year to qualify. The government has proposed that from 1 July 2020, individuals aged 65 […]

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