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Which would apply in the current financial year

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Reference no: EM132757352

Problem 1: If a superannuation fund member under the age of 67 has a total superannuation balance of $1 million at the previous 30 June, which of the following would apply in the current financial year?

Select one:

a. This member will not be able to make non-concessional contributions.
b. This member's spouse could not be able to claim the spouse contribution tax offset.
c. This member will not be able to take advantage of the carry- forward concessional contribution rules.
d. This member could not qualify for the government co-contribution.

Reference no: EM132757352

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