I hit 60 2 months ago and got it set up last year. can only put in $330,000 first year only then same in 3 years time. its only $110,000 per year allowed to put in and maximum is 3x over the three years
That sucks!! So if possible, better off starting early to be able to put all in by the time you're 60. Do NOT do pension stage!! found out you won't be allowed to put any money in period!! And must withdraw a certain amount per year.
I'm looking after my parents super so I'm learning.
I hit 60 2 months ago and got it set up last year. can only put...
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