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Contributions to superannuation funds are subject to two types of "caps", and a third has been proposed in the 2016 federal budget. The annual concessional contributions cap since 2014/15 has been $30,000, with the cap for people over the age of 49 at the start of each year being $35,000. [5]
The concessional contribution cap for the 2017-2018 financial year is $25,000. For later financial years, the cap is worked out by indexing annually this amount. From 1 July 2019 a taxpayer who meets a maximum balance condition who does not use their cap in full may carry forward the unused cap for a limited time period.
Below is a look at every team's projected salary cap space for 2025. All salary cap figures are via OverTheCap.com , which projects a $272.5 million salary cap. New England Patriots : $119.8 million
UniSuper is an Australian superannuation fund that provides superannuation services to employees of Australia's higher education and research sector. The fund has over 615,000 members and A$124 billion in funds under management, as of 30 June 2023.
2025 NFL offseason previews: 32 teams' needs, free agents, draft picks, salary cap space and more
On the campaign trail, Trump promised a variety of tax breaks, including removing the TCJA’s $10,000 cap on the deduction for state and local taxes, and eliminating taxes on tip income, overtime ...
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund. Pension funds typically have large amounts of money to invest and are the ...
Small-cap stocks are trading for their lowest price-to-book valuation relative to their large-cap counterparts in more than 25 years. The average stock in the S&P 500 trades for 4.7 times book ...