The Age
·australia
·2 hours ago
Individual near $2 million super cap explores options for excess funds
An individual nearing the $2 million superannuation cap is considering options for excess funds. While overages face a 15 percent tax on earnings, it may be advantageous to retain funds for future withdrawals or expenses. Experts recommend diversifying investments to mitigate risk, especially if current assets underperform.
Newer
Next
Loving doing this? 🎉
Take it further — get the full app and never miss a moment of what's happening in Australia.
Breaking news alerts
Instant lock-screen notifications the moment big stories break across Australia.
Australian news & events
Politics, sport, weather, local events — all in one swipeable feed, updated around the clock.
Stay ahead of the news cycle
30-second summaries so you're always informed, even on your busiest days.
Get Ozbrief free
Breaking alerts & swipe feed
Loading article…
This publisher's site can't be shown here due to their security settings.
Open full article →No source link available for this article.
✨
Ask AI
Published 04 Jul 2026, 19:01 UTC · Updated 04 Jul 2026, 19:10 UTC
Summary by OZbrief Editorial. Original report: The Age. Editorial policy · Corrections
Trending
- Eminem loses trademark battle, Australian brand Swim Shady secures victory
- David Elliott calls for Angus Taylor to resign amid corruption inquiry
- Watch: PM's former top aide on Starmer's first call with Trump
- Fogarty kicks four as Crows bounce back to beat Eagles
- We spent the morning at Brisbane’s loneliest train station
- Gas giants to reap $18 billion war windfall, reviving export tax calls