WebMay 4, 2024 · The change to the legislation dictates that from 1 July 2024 the age at which a person can make a downsizer contribution will be 60 instead of 65 and SuperConcepts SMSF technical and strategic solutions executive manager Philip La Greca said this will benefit couples with a significant age difference. WebJul 1, 2024 · From 1 January 2024, 55 years old or older From 1 July 2024, 60 years old or older From 1 July 2024, 65 years old or older Note: There is no maximum age limit. a tax file number (TFN) for the member has been provided the SMSF trust deed allows the fund to accept a downsizer contributions
More flexible super contribution rules in the pipeline
WebFeb 15, 2024 · 15 February 2024 — 3 minute read. A. A. A. 2024 was a year that saw several changes being made to the contribution rules impacting popular contribution strategies for clients. As we begin a new year, SMSF members and advisers should recap on the recent changes to ensure they incorporate this into their planning and advice. WebMar 24, 2024 · Currently, a person must be over age 65 at the time of making the contribution. From 1 July 2024, the age for eligible downsizer contributions will … how to screenshot on surface pro 2
Superannuation Legislation Amendment (Broadening …
WebDownsizer contributions for individuals. Check your eligibility to make a downsizer contribution, how much you can contribute and how to make a contribution. Overview of how the downsizer contributions are treated and the impact to contribution caps. Work … Downsizer contributions for individuals; Withdrawing and using your super. … WebMay 4, 2024 · The change to the legislation dictates that from 1 July 2024 the age at which a person can make a downsizer contribution will be 60 instead of 65 and SuperConcepts … WebYou have reached the eligible age at the time you make a downsizer contribution; the eligible age to make a downsizer contribution is as follows From 1 January 2024, 55 … how to screenshot on swift 3