Consider taking advantage of higher limits on your contributions prior to the regulation changes in July 2017.
The major changes from 1 July 2017 include:
- Reduction in both concessional and non-concessional contribution limits
- Limiting non-concessional contributions to those with a total superannuation balance below $1.6 million
- Altering the maximum balance you can have invested in the retirement phase
You can also read our Frequently Asked Questions for more information.