Restrictions

There are rules and restrictions that govern the super contributions you can receive and make in Australia. They are typically determined by your age and employment status. If you're feeling confused about what super contribution restrictions apply to your particular age bracket, check out our handy guide to the super system.

When it comes to super contributions, it's important to know what rules and restrictions apply. They are typically determined by your age and employment status.

To take the guesswork out of figuring out which ones have an impact on your particular age group, we've put together this handy guide to receiving your super contributions across a lifetime.

Contribution TypeYour Age

<67

67-7475+
Employer super contributions, including contributions stipulated by Awards and AgreementsAccepted without restrictionAccepted without restrictionAccepted without restriction
Additional employer contributions, including salary sacrifice and self-employed or personal contributionsAccepted without restrictionAccepted without restrictionCannot be accepted
Voluntary after-tax contributionsAccepted without restrictionAccepted without restrictionCannot be accepted
Spouse contributions (receiving spouse)Accepted without restrictionAccepted without restrictionCannot be accepted
Government co-contributionAccepted without restrictionAccepted if you are aged under 71 at the end of the financial year in which an after tax contribution is made.

Cannot be accepted over age 71
Cannot be accepted
Downsizer contributionsAccepted from age 60Accepted without restrictionAccepted without restriction
Low Income Super Tax OffsetAccepted without restrictionAccepted without restrictionAccepted without restriction
Transfer of super from another fundAccepted without restrictionAccepted without restrictionAccepted without restriction

Super-splitting transfers cannot be received by a spouse who has reached their preservation age and is retired.

Work test requirements

There are no age restrictions on receiving employer contributions (also known as Super Guarantee) if you are still working.

Until recently, your ability to make extra contributions to super at concessional tax rates may have been restricted by your age and your employment status. However, if you’re age 67 to 75, you no longer need to meet the work test before making an after tax or salary sacrifice contribution to your super.

You may also be able to contribute up to $330,000 in after tax contributions in any three-year period. It was previously limited to $110,000 each year, with contributions over this limit taxed at 45% (plus the Medicare levy and other applicable Government levies). Eligibility rules apply, visit ato.gov.au to learn more.

Once you turn 75, you can no longer make additional contributions to your super. Any additional super contributions made while you are aged 74 must be received by your super fund within 28 days of the end of the month in which you turn 75, or they won't be accepted.

It's important to note that further restrictions on receiving super contributions could also apply if you have not supplied your tax file number.

Transfer balance cap

Under superannuation law, a limit (called the transfer balance cap) applies on the total amount of super you can transfer to a retirement phase income stream (such as a pension account). The transfer balance cap for people starting a retirement phase income stream for the first time on or from 1 July 2021 is $1.7 million.

If you already have any retirement phase income streams and at any time between 1 July 2017 and 1 July 2021 the total balance of those income streams was $1.6 million or more, your transfer balance cap will be $1.6 million. If you already have any retirement phase income streams but their total balance has not been more than $1.6 million since 1 July 2017, then your cap will be proportionately increased based on your unused cap.

Your personal transfer balance cap is available on ATO Online.

More information about the transfer balance cap is available on the ATO website.