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Important Superannuation Changes From July 2024 (What You Need to Know)

21.1K views· 569 likes· 7:31· Aug 9, 2024

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In this video, I’m going to show you all the superannuation changes from 1st of July 2024 onwards and what you can do to position yourself better for retirement. ---------------------------------------------------------------------------------------------------------------------- 📩 Sign up to my free email newsletter! https://aussiemoneyclub.com.au/subscribe 🎁🎁🎁 Free Sign Up Bonuses 🎁🎁🎁 ✅ Special Link: https://j.moomoo.com/00A1xQ 💰 Use Moomoo App (chess sponsored) to buy Shares/ETFs to begin your investing journey today and receive these free bonuses: 1. Get Up To 12 FREE Stocks. 2. Free Brokerage Fees for 30 days. 3. Auto Invest Function. 4. Premium Research Tools & Learning Guides. ✅ Use this link to sign up: https://j.moomoo.com/00A1xQ 💰 ING: Get $100 FREE if you sign up using this link & follow the steps: https://bit.ly/3G1l5b9 💰 Ubank: Get $20 FREE if you sign up with my code & make 5 small purchases: https://bit.ly/4hgoa4c or Use Code: MDPYUAG 💰Get $25 of FREE Bitcoin when you sign up to Independent Reserve with this link: https://portal.independentreserve.com/invite/FXHCHB No deposit required! 🔗 Useful Links: Contribution Caps: https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/contributions-caps Super Co-contribution: https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/super/growing-and-keeping-track-of-your-super/how-to-save-more-in-your-super/government-super-contributions/super-co-contribution Super On Parental Leave: https://www.servicesaustralia.gov.au/sites/default/files/2024-05/budget-2024-25-raising-kids-1.pdf 🎬🎬 🎬 More Useful Videos 🎬 🎬 🎬 ► How To Salary Sacrifice: https://youtu.be/9dKnnk5jpVQ ► How To Maximise Your Tax Return: https://youtu.be/wLAaWEBVkHk ► How The Australian Tax System Works: https://youtu.be/pSO5ys-n4pA ► How To Invest in ETFs in Australia: https://youtu.be/w3PRA2czQJY ► How To Invest in Australia For Beginners: https://youtu.be/5wOkzuPzGaY 💰 GRAB SOME FREEBIES!💰 📈 Investing Apps that I use: ► Moomoo: Get Up To 12 FREE shares & Auto Invest: https://bit.ly/3PgUN6E ► Tiger Brokers: Get $50 USD FREE Tesla shares:https://bit.ly/3RqBPLI ► Stake: Get $10 FREE credit & a FREE stock (worth up to $150): https://bit.ly/3L13UGm or Use Code: bryanl728 ► Webull: Get Free Trading Vouchers up to $200: https://bit.ly/4fKdpWU ► Raiz: Get $5 FREE when you sign up: https://bit.ly/3KYJGgr or Use Code: W3CG4J ► Independent Reserve: Get $25 of Free Bitcoin (BTC): https://bit.ly/4cSicE4 ► Bitcoin.com.au: Get $25 of Free Bitcoin (BTC): https://bit.ly/3B0RnQM ► CoinSpot: Get $20 of Free Bitcoin (BTC): https://bit.ly/3Ed2XXJ 🏦 Banks & Finance Apps that I use: ► ING: Get $100 FREE if you sign up: https://bit.ly/3G1l5b9 ► Ubank: Get $20 FREE if you sign up with my code & make 5 small purchases: https://bit.ly/4hgoa4c Use Code: MDPYUAG ► Up Bank: Get $10 FREE if you sign up: https://bit.ly/4gC4oQV ► Xero: Get 90% off for 6 months: https://bit.ly/3YxbL4b ► Sharesight: (Get 4 Months Free Using This Link): https://bit.ly/46ajSHu ► Navexa: Get 20% off if you use this link https://bit.ly/3RLOI2X or code: bryaninvest ► TopCashback: Get Bonus $15: https://bit.ly/48T9DXD ► ShopBack: Get $10 back when you spend $20: https://bit.ly/3sxAlG0 ► Cash Rewards: Get $10 back when you spend $20 within 14 days: https://bit.ly/44tnG3Z * Some links above may be affiliate or referral links. It doesn't cost you any extra to use them but it does help support my channel. Thank you! ☺️ ----------------------------------------------------------- 👇 Connect With Me 👇 🎬 My YouTube: https://www.youtube.com/ ⁨@BryanInvest⁩ 📩 My Free Email Newsletter: https://aussiemoneyclub.beehiiv.com/ 📸 My Instagram: https://www.instagram.com/bryaninvest 📷 My 2nd Instagram: https://www.instagram.com/aussiemoneyclub/ 👨🏻‍💻 My Website: https://bryaninvest.com.au/ 📧 My Email: bryaninvestbusiness@gmail.com ----------------------------------------------------------- 🚨 Disclaimer: The content on this YouTube channel is meant for general information and education only, not as financial, investment, legal, or other professional advice. While we aim for accuracy, we cannot guarantee it. Markets and conditions change quickly, and past performance doesn't predict future results. All investments carry risks so assess your tolerance carefully. Don't rely solely on these videos for decisions. We're not liable for losses from using this information. By watching, you accept these terms and take responsibility for your financial choices. ----------------------------------------------------------- #superannuation #tax #australian ⏰ TIMESTAMPS 0:00 - Intro 0:08 - Superannuation Guarantee Increase 0:57 - Contribution Cap Increase 1:24 - Concessional Contribution Cap Increase 3:20 - Non-Concessional Contribution Cap Increase 4:48 - Preservation Age 5:10 - Government’s Super Co-contribution Scheme 5:59 - Super on Government funded Paid Parental Leave

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