As announced in the 2011 Federal Budget, the Government will increase the concessional contributions cap by $25,000 to $50,000 for those aged over 50 and with a fund balance below $500,000.  This will apply from 1 July 2012. ** Update – Please note that as announced in the 2012 Federal Budget, this measure has been … Continue reading Increased Concessional Cap for Over 50’s