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Bring Forward Contributions and Pension Phase.

Newbie

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Replies 1

If I put $300k into my superfund this year as a Bring Forward non-concessional contribution, can I then go into pension mode next year, or do I have to wait for the three years to go by?

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Most helpful response

Taxicorn Registered Tax Practitioner

Replies 0

If I put $300k into my superfund this year as a Bring Forward non-concessional contribution, can I then go into pension mode next year, or do I have to wait for the three years to go by?

 

Pension can be started now if you are eligble to start one.

 

1 REPLY 1

Most helpful response

Taxicorn Registered Tax Practitioner

Replies 0

If I put $300k into my superfund this year as a Bring Forward non-concessional contribution, can I then go into pension mode next year, or do I have to wait for the three years to go by?

 

Pension can be started now if you are eligble to start one.