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Your member number: {number}
Dear
{member},
Happy New Financial Year!
Each year, there is a Government set limit to how much
you can contribute to your super via your employer. Known
as the
concessional contribution cap,
this limit is increasing for
2021-22.
From 1 July 2021, the concessional contribution cap will
be $27,500* for everyone.
This means that you may want to review your
super strategy soon to avoid the tax penalties that come
from exceeding the cap. In particular, it may change the
value of salary sacrifice in your circumstances. This can be complicated to
understand so remember that our Member Advice
Consultants are able to work with you to assess your
specific situation.
Did you know...
AvSuper offers income streams that
offer full investment choice to all
eligible members? If you're looking
at retirement now or within the next
few years, speak to our Member
Advice
Consultants to develop a strategy
and income stream that best suits
YOUR circumstances and financial
goals.
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Simply
call or email us to book an appointment if you would
like some help with contribution amounts and
understanding the limits - remember we
can talk to you via phone, AvChat, Zoom/Face Time, or even in
person.
As always, if you have any questions about your account or AvSuper in general, please call or
email us.
Regards,
Michael
Sykes
Chief Executive Officer
* For defined benefits, the cap
is based on notional contributions and grandfathering
provisions may apply
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