HomeSMSF NewsSuperannuation guarantee age limit – to be removed

Superannuation guarantee age limit – to be removed

While there has been some confusion about this measure, the government has confirmed that as of 1 July 2013, there will be no upper age limit on the payment of the superannuation guarantee to employees.

Previously, it was not payable to employees over the age of 70.

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Diana Morris founded The SMSF Accountant in 2010. Diana is a member of both CPA Australia and Chartered Accountants Australia and New Zealand and an affiliate of The Tax Institute. She holds a current public practice certificate, and is a registered tax agent. Diana has completed a Bachelor of Commerce degree and a Graduate Diploma of Chartered Accounting.