Contributions

This information sheet provides a basic overview of the restrictions placed on trustees of super funds when accepting contributions from or in respect of members. The information provided is of a general nature only and should not be relied upon in lieu of specific professional advice. Legislation may also be subject to change.

A downsizer contribution is a superannuation contribution which is made from the sale proceeds of a property (ie real estate). Click here for all the downsizer resolutions needed by an individual for themselves.

In simple terms a downsizer contribution is a superannuation contribution which is made from the sale proceeds of a property (ie real estate). This resolution applies only to downsizer contributions made by a contributor for their spouse

The purpose of the Written Resolution is to accept a non-concessional contribution or contributions made by or on behalf of a member of the Superannuation Fund.

A spouse contribution is a superannuation contribution which is made by a contributor in respect of a member who is the spouse of the contributor.

If a member suffers a personal injury then the member may contribute all or part of any compensation amount received in respect of that personal injury to a superannuation fund as a contribution for them.