Hi, Is this possible: Scenario: Husband A is 65 (about to turn 66 and retire) has $100,000 super balance. Wife B is 62 (still working until 65) and also has balance of $100,000 super. Could Husband A, either before or after retirement make a non-concessional super contribution to his spouse for the full amount of his super i.e. $100,000? Non-concessional cap is $150,000 pa or $450,000 over three years under the 'bring forward' rule so this ain't a problem. Reason: Husband A's superannuation will count as asset under assets Test. Is there any limitation on the spousal contribution being from existing superannuation funds? cheers Tim
You cannot usually transfer a super balance inter vivos to another except under a court order. Is that what you were asking ? Cheers, Rob
do you pass, well. I since read that rolling your super over into your spouses is not possible. If he has already retired would this not be considered a roll over?
Hi Tim, As Rob said, you can't rollover to different members accounts. Withdraw to a bank account then contribute from the bank account. Cheers, Dan
Rob no, that's not what I was asking. So I guess he could take the money as a lump sum right and then immediately make the contribution to his wife?