How to get your kids more tax-free super when you die
Re-contribution strategies allow you to withdraw money from super and put it back again to minimise tax for whoever inherits it. Such strategies are making a come-back, particularly in SMSFs
A re-contribution strategy is a deliberate decision to withdraw money from super and then put it back in again as what’s known as a “non-concessional contribution”. These are contributions you make without claiming a tax deduction for them.
Adults who inherit their parents super are required to pay tax on some of the money. Getty Images
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Meg Heffron is managing director at SMSF specialist firm Heffron.
