Advisers and trustees need awareness of situations where it may not be possible to amend an NOI regarding a personal deductible contribution.

The bill containing the measure to reduce the qualification age for downsizer contributions is one step closer to being passed into law.

Partial property sales can be used to make a downsizer contribution, but carving up land for the same purposes will not create eligible contributions.

Advisers are showing a high degree of interest in the changes to the downsizer contributions thresholds and the amendment to the work test rules.

A notice of intent for personal deductible contributions can only be varied downwards and revised timeframes may apply.