Prior to 1 July 2020, mandated employer contributions such as Superannuation Guarantee paid into a superannuation account were accepted although, non-concessional or non-mandated contributions made by those aged 65-75 were subject to the “work test”.  Effective from 1 July 2020, the Government has abolished the “work-test” for those aged 65 & 66 who make non-mandated contributions (e.g. voluntary contributions) to their superannuation account. This means a contributor between the ages of 65 & 67 is no longer required to work at least 40 hours within a 30 consecutive day period at least once in that Financial Year before their superannuation fund can accept … Continue reading Superannuation Contributions | What do the Changes to the Work Test Mean for those Aged under 67?