What is the Downsizer contribution?

If you are aged 65 or over and have recently sold your home, you may be able to make a voluntary super contribution of up to $300,000 from the proceeds of sale.

Downsizer contributions do not count towards contribution caps and you will not need to meet the work test.

However, Downsizer contributions do count toward the $1.6m transfer balance cap for transferring super into the retirement phase.

There are a number of requirements to assess your eligibility for the Downsizer contribution. You can read more about the eligibility requirements on the ATO website here.

Join Future Super

^ By providing your email address, you consent and authorise us to send you communications or information, including information required by law, via email or similar technologies. Your details will never be passed onto a third party other than in accordance with our Privacy Policy. You can elect to receive communications by post at any time by contacting Future Super on 1300 658 422 or via email at info@myfuturesuper.com.au or in writing at GPO Box 1858, Sydney, NSW 2001.