Pull your head in mate if you want to converse with me or FO and don’t bother.
The cap does exist from the moment you hit it. Once you hit it you can currently only contribute the $27,500 concessional contribution.
Explain to me with the numbers how a 30 year old puts 2 Sydney or Melbourne properties into their super today.
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- Talk of a $5M Cap on Superannuation Balances.