Superannuation : After Tax contributions

Date:


Hi Brains trust ….. a quick Super question.

I have (hopefully) a good understanding of Superannuation however I couldn’t find a definitive answer in my Finance text books or online to this question.

Are there any consequences if one makes the 3 year ‘bring forward’, after tax / none concessional contributions (3 x $120,000) and then subsequently moves to pension phase (upon reaching preservation age) within the ‘bring forward’ time frame ?

For example what happens if I make a ‘bring forward’ none concessional contribution this May 2025 covering FY24/25, FY25/26, and FY27/28, totaling $360,000, and then attain preservation age in December 2025 and move my Super to pension phase. Can this be done ? Theoretically one has already ‘contributed’ to Super for FY27/28 when ones Super is/will be in pension phase.

Any ideas if this can be done.

Thanks,
Gunnerguy



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Google drops easter egg if you search ‘Love Island’s’ ‘Amaya Papaya’

'Love Island USA' host Ariana Madix on if...

Ben Roethlisberger Turns Heads With Jab At Browns

  It’s been almost three years since Ben Roethlisberger’s...

Current State of the Housing Market; Overview for mid-July 2025

by Calculated Risk on 7/09/2025 10:24:00 AM Today, in...