total amount that can be withdrawn from salary sacrificed contributions

[#1]

Hi all. I was looking to get the most benefit from the fhbsss. I understand that money salary sacrificed is 15% . I was just wondering if you I could put a total of $34000 in and withdraw the full $30000 thanks.

[#2 · Accepted solution]

The $30,000 limit relates to the money going into the fund, not the amount you withdraw.  If you are making salary sacrifice contributions you can withdraw a maximum of $25,500 (85% of $30,000) plus the notional earning on that amount.

[#3]

Thanks alot for clearing that up for me mate