TBC Vs TSB - Indexation adding further amounts

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(Initiate)Initiate

18 Nov 2024

If I start a PSS Super Pension AGE 62 which uses up $1.0M of my $1.9M TBC, and I have say $800,000 still in Accumulation Super .. Leaving $100,000 available to add to the Non Concessional to Accumulation Super

1. Will My TSB (Total Super Balance) with indexation eventually increase to say $2.0m or more so I can add more than the available $100,000 in Non Concessional funds? (While under age 67)

2. Am I right thinking from what I have read, If My TSB balance was say $1,895,000 on 30 June can I then add a Full $120,000 in July the next tax year?

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