1 Ensure your minimum pension is paid by 30 June 2018
2 Consider whether to maximise concessional contributions up to the $25,000 cap. Employees are now eligible to supplement their employer contributions without the need for salary sacrifice arrangements or meeting the old 10% rule. Call us if you would like to discuss.
3 Ensure any contributions are received by your fund prior to 30 June 2018.
4 Turning 65 soon? Do you need to consider using the 3 year bring forward contribution rule.
5 Had a good 2018 year but 2019 is looking a bit grim with a much lower income level? Consider a $50,000 concessional contribution in June 2018.
6 Do you need to consider a Spouse Splitting arrangement to manage the $1.6M cap for pensions and Total Super Balance?
7 Does your SMSF administrator know about any other superannuation interests you may have. This is essential to calculating your Total Superannuation Balance which then affects the level of non-concessional contributions you can make and the level of pension balance you should have in your SMSF.