#Everyoneneedsaplan to Maximise Super Contributions from 1 July 2020

If you are aged 65 to 67 you may be able to contribute an additional $200,000 to your super from 1 July 2020.

The federal government is currently in the process of making changes to super contribution laws and from 1 July 2020 the "Work Test" requirements for super contributions are likely to be amended.

Effectively this will mean from 1 July 2020 if you are aged between 65 and 66 you will be able to make voluntary contributions to your super (concessional and non-concessional) up to $200,000 without having to meet the "Work Test" (which at present is only available if you are under age 65).

This recent article from Superconcepts includes a great example of how this may work.