The benefits of spousal contributions splitting | SMSF Engine
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The benefits of spousal contributions splitting

The benefits of spousal contributions splitting

by Duc Hong

The contribution splitting rules can be utilised to benefit your clients in a number of ways.  To be eligible to split contributions with a spouse, a number of conditions must be met including:

Some of the potential strategies include, where:

Once a benefit is split it is treated as a transfer or rollover into the spouse’s own superannuation account, which may be with the same fund or an external fund. 

Funds are not obliged to offer members the ability to split and it is possible some public offer funds may charge a fee to process requests. 

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