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Practical Finance: Pay Mortgage or Super? Setting Up Kid's Accounts. | Nucleus Investment Insights 

Nucleus Wealth
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29 сен 2024

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Комментарии : 5   
@benoreilly1358
@benoreilly1358 4 месяца назад
whats the minimum for direct indexing for my child with Nucleus?
@damienklassen3338
@damienklassen3338 4 месяца назад
10k for a new account, $2k if you already have superannuation or another account with us.
@sydneyshinshi
@sydneyshinshi 4 месяца назад
Somebody on 10k a year isnt going to make a 10K concessional contribution though are they. So they will pay no tax on that.
@damienklassen3338
@damienklassen3338 4 месяца назад
Often you can have non-working partners trying to get more money into superannuation. You are honing in on a key issue - its inherently unfair that someone on 200k gets a 32% discount on tax for money into super while someone on $10k has to pay 15% extra tax
@sydneyshinshi
@sydneyshinshi 4 месяца назад
@@damienklassen3338 I would have thought it was more inherently unfair that somebody on 200K has a marginal tax rate of 45%. Nearly half going towards tax. And yes I do agree that tax is necessary to fund Government services. And the non working partner can get 110K into super with no tax paid.
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