Q: I have a query regarding superannuation accounts. When I receive payments from an account-based pension, I know I can put some back to my accumulation account. How is the amount put back treated? Is it a non-concessional or a concessional contribution?
A: With this one, it’s really best just to take a step back and look at what the general contribution rules are. The first fundamental rule around personal super contributions, so they are contributions made by the individual, not by an employer, but by a member, an individual, is that all personal contributions that are made to a fund are treated as non-concessional contributions.
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