The new super rules from 1 July 2022 give older Australians more flexibility when it comes to how they choose to hold the super death benefits of their deceased partner.
Depending on their personal situation, the surviving partner may now be able to take advantage of a recontribution strategy to hold the death benefits either in an accumulation account or in a single pension combined with their own benefits.
Previously, a surviving spouse aged between 67 and 75 who did not meet the work test was not allowed to make further non-concessional super contributions or take advantage of the bring-forward rule. As a result, the surviving spouse was often left with a restricted choice of maintaining multiple pension accounts or receiving a lump sum death benefit.
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