2024 Maximum Super Contribution Base

Ivy Kerrill2024 2024 Maximum Super Contribution Base
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2024 Maximum Super Contribution Base. This article explains these three main changes happening from 1 july 2024: On 1 july 2024, the maximum superannuation contribution base increased to $65,070 per quarter and the statutory superannuation contribution rate increased from 11% to 11.5%.


2024 Maximum Super Contribution Base

From 1 july 2018 if you have a total superannuation balance of less than $500,000 on 30 june of the previous financial year, you may be entitled to contribute. From 1 july 2024, the general concessional contributions cap is $30,000 for all individuals regardless of age.

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