Contributions to super
Joy Kulavong
a year ago • 5 min read
Concessional contributions
annual limit of $27,500
contributions made by someone else on your behalf other than your spouse (for example your employer) OR
contributions you make with your own money and claim as a personal tax deduction
Non-concessional contributions
annual limit of $110,000
generally personal contributions made from your own money for which you don’t claim a tax deduction
contributions your spouse makes for you will count towards your annual non-concessional contribution limit
total Super Balance (TSB) impacts eligibility to make the non-concessional contributions
Other contributions
Downsizer
Spouse Contributions
Government co-contribution.
Eligibility
Members aged 75 and under
all types of contributions, except downsizer contributions (if under 55) can be accepted by your Fund.
you will no longer need to meet either the work test or work test exemption to make or receive non-concessional contributions and salary sacrificed contributions
you will need to meet the work test to claim personal super contribution deductions
Members aged 75 and over
compulsory employer contributions and downsizer contributions can be accepted by your super fund
in the 28 days after the end of the month in which you turn 75 years old, your fund can accept the some types of contributions
