September 10, 2024
Spouse Contribution Splitting
Spouse contribution splitting is a valuable superannuation strategy in Australia that allows one partner to transfer part of their concessional contributions to the other’s super account. This approach can equalize super balances, maximize Age Pension eligibility, and optimize tax benefits, especially when there is a significant age or income gap between spouses. While beneficial, it's important to understand the eligibility criteria and consult with your super fund and financial adviser to ensure this strategy aligns with your retirement goals.
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