Q: I’m 70 years of age, retired and currently receiving a pension from my self-managed super fund. I would like to add additional money, non-concessional, to my superannuation. Am I able to do it? And what are the steps to carry out this task?
A: First of all, super contributions currently can be made up and till the age of 75. So, once we turn 75, we’re restricted from making any further superannuation contribution. As you’re 70, you will meet the age test to make contributions.
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