An area where superannuation certainly has a lot of rules and quirks is when it comes to actually getting money into the system in the first place – contributions.
In this guide, we run through some of the key contribution rules and some handy tips about how to make the most of them. Contribution rules come in various forms but they are mainly about:
- who can make contributions to superannuation (or have contributions made on their behalf). These are mostly linked to your age, and
- how much can be put into super during a given financial year without losing some important tax benefits. The limits are known as “contribution caps”.
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