Worth thinking about.

Consider splitting contributions with your spouse if:  

  • your family has one main income earner with a substantially higher balance or 
  • if there is an age difference where you can get funds into pension phase earlier or 
  • if you can improve your eligibility for concession cards or age pension by retaining funds in superannuation in the younger spouse’s name. 
  • remember any spouse contribution is counted towards your spouse's Non-Concession Contribution cap. 

Want to know more, have questions! 

Contact us, Blackburn Accounting, we are available and ready to help you with all your taxation and accounting needs.