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Contribution eligibility rules - summary table

Section: 2.2

The following table summarises the current rules for when a person is allowed to contribute or receive contributions to a super fund for the 2019-20 financial year.

Member's age at time of contribution Employer's contributions2 Member's contributions3 Downsizer contributions4
Mandated employer5 Voluntary employer Made by the member Made b someone other than the member
 
  • Superannuation guarantee contributions
  • Superannuation guarantee shortfall components
  • Contributions made under certified agreement or award
  • Salary sacrifice contributions
  • Contributions in excess of SG
  • FHSS contributions8
  • Personal non-concessional contributions
  • Personal deductible contributions
  • CGT exempt amounts 6,7
  • FHSS contributions8
  • Spouse contributions
  • Child contributions
 
Under 65 Yes Yes Yes Yes No
65 to 69 Yes WT or WTE 9,10 WT or WTE 9,10 WT or WTE 9,10 Yes
70 to 74 (section 2.4) Yes WT or WTE 9,10 WT or WTE 9,10 No 9 Yes
75 and over (section 2.4) Yes No 9 No 9 No 9 Yes

2 Employer contributions are contributions by, or on behalf of, an employer-sponsor of the fund.

3 Member contributions are contributions by, or on behalf of, the member to the fund, but does not include employer contributions made in respect of the member. A fund trustee must not accept any member contributions if the member's tax file number has not been quoted.

4 Downsizer contributions are contributions covered under s 292-102 of Income Tax Assessment Act 1997 (ITAA 1997). Downsizer contributions must be made at a time when the member is age 65 years or over.

5 Mandated employer contributions are contributions by, or on behalf of, an employer that reduce the employer's potential liability for the superannuation guarantee charge or are payments of shortfall components or satisfy the employer's obligation under a certified agreement or award.

6 CGT exempt amounts are member contributions that relate to the small business 15 year exemption and retirement exemption.

7 Look-through earn out rights (s 118-565 ITAA 1997) - Where the capital proceeds from a CGT event were or could have been affected by one or more financial benefits received under a 'look-through earnout right', a CGT exempt amount within the lifetime CGT cap, may be contributed at a time the member would otherwise not be eligible to contribute, if they would have been eligible to contribute in the financial year in which the CGT event happened.

8 FHSS contributions are contributions made under the First Home Super Saver Scheme. These contributions may be either voluntary member contributions or voluntary employer contributions.

9 Trustee discretion - A fund may accept contributions in respect of a member if the trustee is reasonably satisfied that the contribution relates to a period when the member was eligible to contribute, even if the member is no longer eligible to contribute.

10 WT or WTE - the work test (WT) or the work test exemption (WTE) must be met prior to making the specified type of contribution at this age.

11. 74 includes up to 28 days after the end of the month in which the member turns 75.

2019 Federal Budget proposal

No work test for voluntary contributions extended to age 66: Effective 1 July 2020

The Government proposed to amend the superannuation contribution rules to allow people age 65 and 66 to make voluntary member and voluntary employer contributions to superannuation without meeting the work test.

At the time of writing, this proposal is not yet law.

Spouse contributions extended to age 74: Effective 1 July 2020

The Government proposed to allow spouse contributions to be made up until the receiving spouse reaches age 75. In addition, where the receiving spouse is age 65 or 66, the Government proposed they no longer need to meet a work test. A receiving spouse will need to meet the work test from age 67.

At the time of writing, this proposal is not yet law.

Last modified: Tuesday, July 23, 2019