Super Concessional Caps lifted for those aged 49 and over


The concessional superannuation contributions cap was temporarily increased to $35,000 for those aged 59 or over on 30 June 2013.

This increase in the cap has been extended to those aged 49 or over on 30 June 2014. If you’re eligible, you can make up to $35,000 in concessional contributions to your super in the 2014/15 financial year.

Source HESTA

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