Comment RECONTRIBUTION and I will send you our strategy pack

Comment RECONTRIBUTION and I will send you our strategy pack.

Before considering a recontribution strategy, there are a few important requirements to check.

First, you need to have met a condition of release so you can access and withdraw money from your super.

Second, you need to have contribution capacity available to put money back into super as an after tax, non concessional contribution.

For the 2026/27 financial year, the general non concessional contribution cap is $130,000. However, the amount available to you can be lower depending on your total super balance and any contributions you have already made.

Some people may be eligible to use the bring forward arrangement. This can allow up to $390,000 to be contributed in one financial year by using the current year cap and the next two financial years of caps.

If you use the full $390,000, you generally cannot make further non concessional contributions for the following two financial years.

Age and total super balance also matter. To use the bring forward arrangement, you generally need to be under 75 at some point during the financial year, and other fund acceptance and eligibility rules can still apply.

This is why a recontribution strategy needs careful planning before money is withdrawn from super.

Comment RECONTRIBUTION and I will send you our strategy pack.

General advice only. This information does not take into account your objectives, financial situation or needs. Consider whether it is appropriate for you and seek personal advice before acting. Superannuation and tax laws can change, and tax outcomes depend on individual circumstances.

Amy Lehmann is an Authorised Representative (No. 1292710) of Consortium Private Wealth Pty Ltd (AFS Licence 495401).