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Talk of a $5M Cap on Superannuation Balances., page-201

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sholtz

2,266 Posts.

835

02/03/23

08:08

Post #: 66551715
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Originally posted by Old Engineer: ↑

The H-S has edited the section quoted from this article to:

"This suggests a couple can have a combined $6 million each in super taxed at a maximum of 15 per cent, with a large portion of it tax-free if their savings are in pension phase."

Like I said earlier, this proposal needs to settle down a bit before we can make long term decisions- if there is such a thing as along term decision on super these days.

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Take the word “each” out and it is correct, they will get there !

Importantly franking credits and CGT will operate as it does now.
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