Downsizing contributions into superannuation

Credit: Seniors Housing Online
Downsizing contributions into superannuation
Written by: Ron Reed
on

About the measure

In December 2017 legislation was passed for the Contributing the proceeds of downsizing into superannuation measure, a part of the Australian Government's broader housing affordability package.

The new measure allows people who are 65 years and over to make a contribution into their superannuation after selling their home.

Fact sheet

The ATO has developed a fact sheet that includes information about the measure, eligibility and how to make a downsizer contribution.

Download the fact sheet here.

Have any questions?

For more information visit: ato.gov.au/downsizing

Advertisement

Improving Service and Challenging Stereotypes

Take a quick 2 minute survey to let us know what you are searching for and how you use the internet. It is anonymous and will produce statistics to help us ensure our services are relevant and to challenge some common stereotypes about older adults not being online. Thank you for your time!

Seniors Housing Online has regularly been featured on the national television program "A Current Affair" along with retirement properties selected from the website, representing different styles and price points