First Home Super Saver Scheme Explained
The FHSS scheme takes advantage of the tax benefits of superannuation to help you save a deposit more effectively.
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The FHSS scheme takes advantage of the tax benefits of superannuation to help you save a deposit more effectively.
A guarantor is someone who offers assets as security for your loan, typically a family member (often parents).
If you want maximum control and flexibility over managing your superannuation, you should consider an SMSF.
Trauma insurance pays a lump sum if you’re diagnosed with a specified serious illness or injury, such as cancer, heart attack or stroke.
TPD Insurance provides a lump sum payment if you become totally and permanently disabled and are unable to work again.
Life Insurance is there to protect your family’s financial security in the event you were to pass away or become terminally ill.
The downsizer contribution allows eligible people to contribute up to $300,000 from the sale of their home into superannuation.
Carry-forward concessional contributions utilise unused cap limits from previous financial years, subject to eligibility criteria.
Purchasing a principal residence can be a great wealth creation strategy, offering characteristics unique from other assets.