Case study: Contribution strategies for the ages

Technical Summit 2020

Like everything else, contribution rules are a-changing at the moment. What new opportunities do they create and how to we need to adapt old strategies to suit? Meg & Lyn will work through several case studies to really explore what’s possible and what’s not post 1 July 2020.

At the end of the session, you will be able to:

  • Understand how the rules in relation to age and work tests, bringing forward non-concessional contribution caps and the indexation of key thresholds intersect post 1 July 2020;
  • How to deal with excess contributions – the options available, strategies to consider and rules to follow, and;
  • Determine key timelines and requirements around s290-170 notices.

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain factual information only and are prepared without considering particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. The information contained in this document does not constitute advice given by the SMSF Association to you. If you rely on this information yourself or to provide advice to other persons, then you do so at your own risk. The SMSF Association is not licensed to provide financial product advice, legal advice or taxation advice. We recommend that you seek appropriate professional advice before relying upon the information in this technical paper. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this paper is not considered financial advice for the purposes of the Corporations Act 2001. © SMSF Association