Both concessional and non-concessional contributions are payments made to a superannuation fund, however they are taxed differently. There are also different contribution caps for each type.
If you have converted your superannuation accumulation account to a pension account then you must start making withdrawals from the pension account. This article details what the minimum pension payment rates are and how they differ depending on your age.
Salary sacrifice is a tax effective way to increase your superannuation balance. In essence it involves voluntarily sacrificing some of your salary into your superannuation account. This article highlights important things to think about, including advantages and disadvantages, before you salary sacrifice. Please note, this blog post covers salary sacrifice into superannuation; it…