Do I qualify for a free $500 from the government for my super?

  • 📰 theage
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 77%

Australia Headlines News

Australia Latest News,Australia Headlines

If you can get the government co-contribution depends, among other things, on the kinds of earnings you have. | OPINION by Nicole Pedersen-McKinnon

you suggested to “switch collagen for the co-contribution” to your super fund. Can you please confirm what you meant by “you must be earning less than $56,112 a year”? I’m not in the workforce, but do earn less than that in rent from an investment property.

My husband made a spouse contribution of $3000 and did get the $540 tax rebate, which was welcome. I wish we had known about this a few years earlier when we were able to financially do this as my super isn’t that high, having been out of the workforce raising kids. Your wording in this part of the story, “switch fillers for filling”, leads me to my initial question: “The receiver needs to be on less than $40,000 – no requirement to be working this time.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canberra start-up Instaclustr acquired by NASDAQ giantCanberra-born Instaclustr has been acquired by NASDAQ-listed tech company NetApp in a deal sources expected would be worth above $500 million.
Source: FinancialReview - 🏆 2. / 90 Read more »

Experience: my scream is famousYou’ve heard me in Paranormal Activity, Free Guy and Scream. We are like stunt people, doing stuff that could damage an actor’s voice No as famous as mine!
Source: GuardianAus - 🏆 1. / 98 Read more »

‘Learning to live with it’? From Covid to climate breakdown, it’s the new way of failing | George MonbiotThe government is trying to wish away problems such as flooding by doing nothing. It’s incompetence by design, says Guardian columnist George Monbiot
Source: GuardianAus - 🏆 1. / 98 Read more »

Disabled Victorians to have access to 20 free rapid antigen tests a dayGratuitous vote grabbing exercise from Andrews. His grubbiness knows no bounds. Shame the Feds didn't do it nation wide eh Once agreed the Victorian Government steps up when the federal government fails the most vulnerable people in the country.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Charles Leclerc on top after massive crashes stop qualifyingFerrari driver Charles Leclerc has taken his second pole position in three races, with a blistering lap in Melbourne, setting him up for tomorrow's F1 Australian Grand Prix. There have never been this amount of crashes in f1. I blame mini bloodclots and extreme gforce equals blackouts
Source: abcnews - 🏆 5. / 83 Read more »

Norris goes fastest, Ricciardo sixth best in final pre-qualifying runsLando Norris topped the timesheets in the final practice session before Saturday afternoon’s qualifying session. His McLaren team-mate Daniel Ricciardo was sixth quickest. grandprix
Source: theage - 🏆 8. / 77 Read more »