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Submitted by Padman on Wed, 06/01/2016 - 10:58

Non-Concessional Contribution revision to lifetime max. is $500,000 effective 4 May2016 .
What if a person has already contributed in excess of $500,000 to date and on TTR from a private SMSF. Also, still on full time employment and contribution to a Employer Defined Benefit is conditional only via NCC. Not due for retirement age of 65 for another 4 years. Also, Not interested in terminating employment just to close the Defined Benefit Super fund account with the employer.

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