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	<title>Money magazine Comments - Ask Paul: Can I top up my teens' super to help them buy property one day?</title>
	<description>How young is too young to start saving for a house deposit? Kim wants to top up her teen daughters' super funds so they can use the First Home Super Saver scheme.</description>
	<link>https://www.moneymag.com.au/feed/latest?story=179792081</link>
	<lastBuildDate>Sat, 09 Apr 2022 11:38:42 +1000</lastBuildDate>
	<pubDate>Sat, 09 Apr 2022 11:38:42 +1000</pubDate>
	<language>en-AU</language>
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		<title>Money magazine Comments - Ask Paul: Can I top up my teens' super to help them buy property one day?</title>
		<url>https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png</url>
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		<title>Comment by A B ()</title>
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<p><p>The Industry Super Fund states the following:</p>
<p>&quot; If you&#39;re a first home buyer, you can use part of your super to help buy your first home. You can ask the Australian Taxation Office (ATO) to release up to $30,000, plus the associated earnings, of your voluntary after-tax contributions or salary sacrifice payments made after 1 July 2017, which can help with your deposit. The government has proposed that from 1 July 2022, this amount will increase to $50,000 plus associated earnings. This measure is not yet law.&quot;</p>
<p>So putting this amount into super would still be an options, yes?</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
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		<dc:creator>A B ()</dc:creator>
		<pubDate>Sat, 09 Apr 2022 11:38:42 +1000</pubDate>
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