There are a number of proposed improvements to increase the flexibility of super contributions but until they are legislated individuals should ensure they are only acting on the proposed changes when they actually become law.

Julie Steed, Technical Services Manager at Australian Executor Trustees, explains the current contribution laws and what has been proposed in this article published by Firstlinks.

The proposed changes to the three-year bring forward rule are also discussed as well as how the rule is often misunderstood and the importance of distinguishing between tax and super laws when deciding if an individual is eligible to contribute.