Super contribution caps
Understanding contribution caps that apply to contributions made to your super in a financial year can make all the difference to the tax effectiveness of your super and your balance at retirement. Take some time today to work out how to get the most out your super tomorrow.
Types of contributions and the caps you need to be aware of for each.
A contribution cap is the total amount you can contribute towards your super in each financial year. A member whose total contributions in a year exceed the contribution caps may be liable for additional tax on the excess contributions.
- Types of contributions
- Concessional contributions cap amounts 2023/2024
- Carry forward contributions
- Downsizer contribution changes
- Non concessional caps
- Superannuation rollovers
- Superannuation customer investment choice selections
- Selecting an appropriate super contribution amount versus paying down debt
- Co-contributions
- Spouse contribution splitting
- General advice on retirement strategies
- Selection of insured benefit levels
- Salary sacrifice and additional voluntary contributions
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