Can I salary sacrifice into a managed fund that requires regular
contributions?
Q.
Can I salary sacrifice into a managed fund that requires regular
contributions? Can you please outline which funds do that?
A.
Unless you work for a non profit organisation, you will be
penalised if you salary sacrifice into a managed fund unless it is
a superannuation fund and you are making salary sacrificed
contributions into it. Be aware that money in super is inaccessible
until you reach preservation age which is at least 55.
Each week financial advisor Noel Whittaker answers your
questions.
