Downsizer Contribution

Further eligibility age change for downsizer contributions | Taxwise Australia | (08) 9248 8124

Further Eligibility Age Change For Downsizer Contribution

By Warren Kruger / February 15, 2023 / 0 Comments

In another recent legislative change, the eligibility age to make a downsizer contribution into superannuation has been reduced to 55 from 1 January 2023. This further reduces the downsizer eligibility age, which changed from 65 to 60 from 1 July 2022. From 1 January 2023, eligible individuals aged 55 years or older can choose to […]

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