Currently, if you are 65 or over, your superannuation fund can only accept contributions from you if you work at least 40 hours in a 30 consecutive day period in the financial year. The original Budget announcements abolished this work test. Unfortunately, this reform is not progressing and the work test will remain.
17 November 2016
Retirees and those Transitioning to Retirement
The reforms likely to impact on you are: Tax concessions limited to pension balances up …
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