SMSF Recontribution Strategy

Super Re-contribution Strategies

Your superannuation fund is made up of taxable and non-taxable components. Contributions made to your fund on which you have already paid tax will make up the tax-free elements. These after-tax contributions are referred to as non-concessional, meaning that tax cannot be paid on these funds when withdrawn. When withdrawing lump sums from superannuation, it must be done in accordance …