Have you maximized your retirement savings?

There has been some media speculation in the lead up to the Federal Budget about potential changes to superannuation rules, including changes that might impact annual contribution caps and/or transition to retirement (TTR) strategies1.

So what does this mean for you?
While these changes are only speculative, now may be the time to consider making the most of any potential benefits available under the current rules.

This includes considering:
Whether you can salary sacrifice the optimal level into super (being mindful of the contribution cap limits) and/or a transition to retirement pension if you’re of preservation age which enables you to draw a pension from your super while you’re still working.

What are the existing rules?

Superannuation contribution caps

Definition
Concessional contributions are taxed at 15% and include contributions made through salary sacrifice arrangements or the compulsory superannuation from your employer.

Advantage under current rules
Concessional contributions are capped at $30,000 if you’re under age 50 or $35,000 if you’re 49 or over at 30 June 2015.

Definition
Non-concessional contributions or after-tax contributions are contributions to super that you make from your after tax salary and wages or your accumulated savings.

Advantage under current rules
After-tax contributions are capped at $180,000. However, if you are under age 65 you can contribute up to $540,000 in one financial year, under the bring-forward rule. This rule operates over a 3 year period and allows you to bring forward the following two financial years contributions

Transition to retirement strategy

Definition
A transition to retirement strategy (TTR) enables you to start drawing an income from your super once you reach preservation age, ranging from 55 to 60 depending on your date of birth even if you are still working full time.

Advantage under current rules

Designed to supplement your income if you drop down to part-time work while you transition to retirement
Can be used in conjunction with a salary sacrifice strategy to grow your balance

10 antibody drugs that will receive regulatory approval in the US and Europe by 2020 (II)

Narsoplimab
Narsoplimab is a fully human IgG4 monoclonal antibody that targets mannose-binding lectin-associated serine protease 2 (MASP-2) and was developed to treat thrombotic microangiopathy (HSCT-TMA) related to hematopoietic stem cell transplantation. MASP-2 is an effector enzyme of the lectin pathway of the complement system. The lectin pathway is activated primarily by tissue damage or microbial infection. Importantly, unlike other complement-targeted drugs on the market or under development, the inhibitory effect of narsoplimab on MASP-2 does not interfere with the classical complement pathway, which is a key component of the immune response to acquired infections. The role of narsoplimab is to prevent complement-mediated inflammation and endothelial damage without affecting the function of other innate immune pathways.

Developed by Omeros, narsoplimab has been granted breakthrough drug status in the United States for the treatment of high-risk HSCT-TMA patients. Currently, narsoplimab is also in phase III clinical development and is being developed for the treatment of IgA nephropathy (IgAN) and atypical hemolytic uremic syndrome (aHUS). Previously, it was also granted orphan drugs and breakthrough drugs for IgAN in the United States, fast-track qualification for aHUS, and orphan drugs for IgAN in the European Union.

REGN-EB3
REGN-EB3 is a mixture of three fully human IgG1 mAbs, and is used for the treatment of Ebola virus infection. Ebola virus is the culprit causing Ebola hemorrhagic fever (EHF), an acute viral infectious disease with symptoms including fever, headache, joint and muscle pain, fatigue, diarrhea, vomiting, stomach pain, loss of appetite and abnormal bleeding. In the United States and the European Union, REGN-EB3 has been granted orphan drug status and has been awarded Breakthrough Drug Status (BTD) in the United States. In addition to REGN-EB3, a therapeutic mAb -mAb114- has also been awarded orphan drug status and BTD.

Isatuximab
Isatuximab is an anti-CD38 IgG1 chimeric monoclonal antibody developed for the treatment of multiple myeloma (MM). The drug targets specific epitopes of CD38 receptors in plasma cells and can trigger a variety of unique mechanisms of action, including promoting programmed tumor cell death (apoptosis) and immunomodulatory activity. CD38 is expressed at high levels on MM cells and is a target for cell surface receptors for antibody therapy in MM and other malignancies.

Isatuximab was developed by Sanofi, and its applications for marketing for relapsed or refractory MM are under review by the US FDA and EU EMA. In the United States and the European Union, the drug is licensed as an orphan drug for relapsed or refractory MM. In a pivotal phase III ICARIA-MM study, isatuximab combined with pom-dex (pomalidomide + dexamethasone) significantly reduced the risk of disease progression or death by 40% and improved overall response compared to standard care. Currently, Sanofi is also evaluating the potential of isatuximab to treat other hematological malignancies and solid tumors.

Sacituzumab govitecan
Sacituzumab govitecan is a novel, first-in-class antibody drug conjugate (ADC) that combines the humanized IgG1 antibody targeting the TROP-2 antigen with SN-38, the metabolic activity of the chemotherapeutic drug irinotecan (a topoisomerase I inhibitor). It is currently being developed for the treatment of metastatic triple negative breast cancer (mTNBC). TNBC is a type of breast cancer with very limited treatment options. TROP-2 is a cell surface glycoprotein that is expressed in more than 90% of TNBC.

Developed by Immunomedics, Sacituzumab govitecan was submitted to the FDA in May 2018 for accelerated approval for mTNBC patients who have previously received at least 2 therapies for metastatic disease. However, it was rejected by the FDA in January 2019 because of manufacturing-related issues and no new clinical or preclinical data was required. At the beginning of December 2019, the company re-submitted BLA to the FDA. The last updated Phase II clinical data of the month showed that the total response rate of mTNBC treated by the drug was 34% and the median response duration was 9 months. Currently, the company is conducting a confirmatory phase III study. If approved, the drug will be the first ADC to treat mTNBC.

Tafasitamab
Tafasitamab is a novel humanized Fc domain-targeted CD19-optimized immune-enhancing IgG1 monoclonal antibody developed for the treatment of two types of B-cell malignancies: diffuse large B-cell lymphoma (DLBCL) and chronic lymphocytic leukemia (CLL). CD19 is a clear biomarker for a variety of B-cell malignancies. The drug’s Fc domain has been optimized to improve its affinity for activated FcγRIIIa on effector cells, significantly enhance antibody-dependent cell-mediated cytotoxicity (ADCC) and antibody-dependent cell phagocytosis (ADCP), thereby improving the key mechanism of tumor cell killing. In preclinical model studies, tafasitamab has been shown to induce direct apoptosis of cancer cells by binding to CD19.

The drug was developed by MorphoSys. At the end of last month, the company announced that it had completed its BLA submission and approved the application of tafasitamab in combination with lenalidomide in the treatment of patients with relapsed or refractory DLBCL. In the United States and the European Union, the drug has been granted orphan drug status for the treatment of DLBCL, and in the United States has also been granted fast-track status and breakthrough drug status for DLBCL. In a phase III clinical study, the total response rate of the drug combined with lenalidomide reached 60%, the complete response rate reached 43%, and the median progression-free survival was 12.1 months. Remissions are persistent with a median duration of 21.7 months. If approved, the drug will pose serious challenges to two CAR-T cell therapies on the market for relapsed or refractory DLBCL, including Novartis’ Kymriah and Gilead’s Yescarta.

Expert Assistance for Gmail Technical Issues in the USA

Creating a Gmail account is straightforward and free. You’ll need a phone number or an existing email address to get started. If you encounter any difficulties, the Gmail customer care team is ready to assist you. Here’s how to set up your new Gmail account:

Search for Gmail on Google.
Click on the ‘Gmail Login’ or ‘Sign Up’ option.
On the ‘Gmail Sign Up’ page, enter your details, including name, country, phone number, alternate email, and gender.
Gmail will suggest available email IDs, or you can create a custom one. Ensure your chosen user ID is unique.
Create a strong password for your account.
Once you’ve completed these steps, you’ll receive a verification code on your phone. Enter this code to finalize the sign-up process. Remember to keep your user ID and password confidential to prevent unauthorized access.

Common Gmail Technical Issues and Solutions
Even the most reliable services can have technical hiccups. Here are some common Gmail issues and how to address them:

Email not loading in the Gmail app: Ensure your app is updated and check your internet connection. Clearing the app’s cache can also help.
Email sending and receiving errors: Verify your internet connection and check if Gmail’s servers are down. Review your SMTP and POP/IMAP settings if you’re using a third-party email client.
Email ID not working: Reset your password and check for any service disruptions on Google’s G Suite Status Dashboard.
Gmail not receiving emails from a specific address: Check your spam folder and ensure the sender’s address isn’t blocked.
Unable to read notifications in Gmail: Adjust your notification settings within the app or your device’s settings.
If these solutions don’t resolve your issue, don’t hesitate to contact the Gmail customer service team for expert advice and support.

The Importance of Reliable Technical Support
Having access to dependable technical support is crucial for uninterrupted email communication. According to a Statista report, Gmail boasts a high service availability rate, but when issues do arise, timely support is essential. The Gmail helpline in the USA is committed to providing instant solutions to ensure users can enjoy one of the world’s premier web-based email services at no cost, courtesy of Google.

In conclusion, while Gmail is a robust and user-friendly email platform, technical issues can occur. By following the provided steps for account creation and troubleshooting, most problems can be resolved quickly. For more complex issues, the Gmail technical support number is a valuable resource for users in the USA seeking expert assistance.