Many older Australians are taking advantage of the downsizer contribution provisions to allocate more money to their superannuation funds.

SMSF members have been reminded there is a difference in the time a contribution reserve can be made and the lodging of the documentation for that contribution.

SMSF members may choose to postpone downsizer contributions to a later time if they impact NCCs in the short term.

SMSF members under the age of 65 can qualify to make a downsizer contribution if the settlement on the sale of their residence was made this month.

SMSFs running multiple pension accounts could face tax complications in relation to their recontribution strategies, an expert has revealed.

The changes to contribution rules may trap failed downsizer contributions within an SMSF rather than returning them to the member, according to an SMSF technical expert.