The “bring forward” rule allows eligible members to bring forward the non-concessional contributions cap for the following 2 years. For the current 2017 financial year this means those aged under 65 can contribute $540,000 to super (3 x $180,000). They are then unable to contribute any non-concessional for the next 2 years.

From 1 July 2017 as the non-concessional cap reduces to the $100,000 the “bring forward” provision will allow eligible members to contribute up to $300,000. Members with super balances over $1.4m will have a reduced bring forward cap amount.

Check out our blog on Transitional bring forward rules here.