News — topic-024

The downsizer contribution: $300,000 each into super from your home sale

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The downsizer contribution: $300,000 each into super from your home sale

If you are 55 or older, you can move up to $300,000 from the sale of your long-held home into super — $600,000 for a couple — completely outside the normal contribution caps. Here is who qualifies, the 90-day deadline that trips people up, and what it does to your age pension.

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