Which of the following statements about making contributions into super are TRUE: Salary sacrifice contributions are when you ask your employer to pay part of your salary or wage into superannuation instead of paying it to you directly? They are normally subject to a 15% contributions tax and are eligible for the government co-contribution. An individual is aged 50 and would like to sell an investment property and place some of the proceeds into super. Their super account balance is currently $1 million. They have not made any non-concessional contributions before. The maximum amount that they could contribute this year into super as a non-concessional contribution is $110,000. a/. Neither of the statements is true (both are false) b/. Only statement 1 is true c/. Only statement 2 is true d/. Both statements are true (neither is false)

Q&A Education