Unallocated contributions information sheet

An Unallocated Contributions Account (“UCA”) is a suspense account of a superannuation fund to which contributions can be credited on an interim basis pending the allocation by the trustee to the relevant member account. 

This invaluable document explains :

1. How are UCAs established?
2. Does each member have their own UCA?
3. How are contributions credited to a UCA?
4. Must the entire contribution be credited to the UCA?
5. Must a contribution initially credited to the UCA be transferred as a single amount to the contribution account of a member?
6. Why use a UCA?
7. Can non-concessional contributions be allocated to a UCA?
8. Can catch-up concessional contributions be allocated to a UCA?

For further information or advice please call the SUPERCentral Help Desk on 02 8296 6266, we would be pleased to assist.