Complex Superannuation Strategies

Contribution Splitting and In Specie

Contribution Splitting

This is where you are able to split up to 100% of certain contributions (after any tax on those contributions has been deducted) with your spouse. These contributions will still fully count against your own contributions caps but may help to build up savings in the names of both members of a couple. This may be a valuable strategy for couples that have one spouse over and one spouse under the $1.6 million Transfer Balance Cap in consideration for having tax-free income streams in retirement.

In Specie Contributions

In certain circumstances you are able to transfer the ownership of certain assets from yourself to a self-managed super fund, known as an ‘in specie’ contribution. For example, you could transfer direct shares from your own name to your super fund as a personal contribution (subject to restrictions with concessional and non-concessional cap limits).