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Administration of excess contributions

Member responsibility to track contributions

Section: 17.2

An individual needs to keep track of all contributions made to super accounts on their behalf to avoid accumulating excessive contributions. Employers and super funds cannot monitor total contributions for a member since a member may have multiple employers and/or multiple super fund accounts. The ATO does not have the necessary information to track contributions during a financial year.

Last modified: Tuesday, May 2, 2017