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Bruce4Tax(Taxicorn)Taxicorn
14 Apr 2022

$ 330 K = yes - but I would add to the ATO comment below " as long as you are under age 75 + 28 days when the contribution is made." And I would not rely on the 28 days.


From ATO:


1 July 2022 and later years

If you are under 75 years of age at any time in a financial year you may be able to make non-concessional contributions of up to three times the annual non-concessional cap in that financial year.

If you are 75 years or older your fund may only be able to accept employer contributions and downsizer contributions.

See also

Example: Eligible for the bring-forward arrangement

Bernard is 74 years old on 1 July 2022. His non-concessional contributions cap for 2022-23 is $110,000. His total super balance at 30 June 2022 is $800,000.

Bernard's age makes him eligible for the bring-forward arrangement.

During the financial year he made the following non-concessional contributions to his super fund:

  • $75,000 in October 2022
  • $75,000 in April 2023.

Bernard has triggered the bring forward arrangement


https://www.ato.gov.au/individuals/super/in-detail/growing-your-super/super-contributions---too-much-can-mean-extra-tax/?page=10

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RE: Work Test and Bring Forward SMSF contributions | ATO Community