I'm retired; can I make a voluntary tax deductible super contrib the year I turn 67?

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 · Accepted Answer

JodieR_ATO · Answer

Hope you're enjoying your retirement so far. :) In relation to your super fund accepting contributions when you're 67yrs+, you do need to meet the work test. Outside of this, only mandated concessional contributions can be accepted. However, your fund can accept all types of contributions before you turn 67yrs. Except downsizer, you have to be 65yrs+ to make this type of contribution. For further guidance you can look at, acceptance of member contributions and work test - https://www.ato.gov.au/individuals/super/in-detail/growing-your-super/super-contributions---too-much-can-mean-extra-tax/?anchor=Acceptanceofcontributionsandworktest#Acceptanceofcontributionsandworktest

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