Money magazine Comments - How downsizing the family home can help boost your super balance A 2018 change allowing older Australians to top up their super after selling the family home could be more worthwhile than ever in this economy. https://www.moneymag.com.au/feed/latest?story=175357736 Sun, 11 Oct 2020 15:30:19 +1100 Sun, 11 Oct 2020 15:30:19 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - How downsizing the family home can help boost your super balance https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Angela Campbell ()

Just a question about pension mode and accumulation mode and the 15%tax on earnings

My husband and myself have a SMSF of which we are the only two members. We still both work and have a property that earns the fund its income along with a term deposit. My husband is over 60 and draws a pension from our SMSF to supplement our income. In your statement above it says that the 15% tax on earnings is when the fund is in accumulation mode. How does this work when one member is in pension mode as well as accumulation and the other member is solely in accumulation mode?

I know our total earnings on this fund are taxed at 15%. Should this still be the case?

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]]> Angela Campbell () Sun, 11 Oct 2020 15:30:19 +1100 Comment by Maclane Johnson ()

I sold my home 115 days ago and just found out about the Downsizer Contribution. Is there a way around the ATOs 90 day limit ? or perhaps is there a sliding scale time frame ? Because i desperately need it as my super balance is low.

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]]> Maclane Johnson () Sat, 26 Feb 2022 09:22:13 +1100