Last month I looked at upcoming changes to concessional, or pre-tax, contributions limits.
From 1 July 2017, there will also be changes to member non-concessional (after-tax) contributions.
Currently, the limit on member non-concessional (after-tax) contributions is $180,000 within a financial year.
From 1 July 2017, this limit reduces to $100,000 per year.
Please note that if your total superannuation member balance is expected to be $1.5 million or more at 30 June 2017, special rules will apply and you should seek advice from your financial planner or licensed accountant before making further member contributions.