You can contribute to your super between age 67 and 74 without meeting the Work Test for one financial year if you satisfied the Work Test in the previous financial year.

This is known as the Work Test Exemption (WTE). You can only use the WTE once, for one financial year. It can't be used to contribute to different funds in different years.

The WTE is designed to help older Australians catch up with super savings so they can improve their retirement. 

To take advantage of the WTE, your super balance must be under $300,000 (across all your super funds if you have more than one) at the end of the previous financial year.

The existing concessional (before tax) contribution cap of $25,000 and non-concessional (after tax) contribution cap of $100,000 apply. 

Example 

From 1 July 2020, you met the Work Test for the financial year ended 30 June 2020, had under $300,000 across all funds, and have never claimed the WTE before. 

With the WTE, you have an extra 12 months to contribute without needing to meet the Work Test for the financial year ended 30 June 2021. 

Speak to a contribution specialist

Super can be complex, but members of TWUSUPER don’t have to spend time trying to work things out without help. Our super specialists can answer your enquiries about contributions. There's no extra cost to use this service. The team's available between 9am and 5pm (AEST/AEDT) on 1800 222 071.

Use the form below to request a call back. Note that the call back service is available for Australian residents only. If you're overseas, please call +61 3 9192 4414.

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