How old will you be on 29 February 2020?
Are you using your full retirement contribution deduction to optimise your retirement savings? Calculate the additional retirement contribution you could deduct from your taxable income.
You can contribute an additional * per month to increase your tax savings by
Please note: This calculation is based on limited information. Speak to a financial planner for a review of your retirement plan.
* By increasing your retirement contribution by this amount, you can contribute the maximum tax deductible amount and maximise your tax savings.
Congratulations! You are already using your full retirement contribution deduction, which means you have successfully maximised your retirement savings.