How the calculator works
- Your components: we split your balance into tax-free and taxable components.
- Proportioning: any withdrawal comes out in the same ratio, so you can’t take only the taxable part.
- Your cap: we read your total super balance on the last 30 June against the ATO bring-forward bands.
- Recontribution: the amount you put back becomes tax-free component.
- Death benefit tax: we apply 17% (paid directly) or 15% (through your estate) to the taxable component, before and after.
2026–27 limits at a glance
| Total super balance at 30 June 2026 | Maximum non-concessional contributions |
|---|---|
| Under $1.84m | $390,000 (3-year bring-forward) |
| $1.84m to under $1.97m | $260,000 (2-year) |
| $1.97m to under $2.1m | $130,000 |
| $2.1m or more | Nil |
Worked example (illustrative)
Margaret, 66 and retired, has $800,000 that’s 100% taxable. Recontributing $390,000 cuts the taxable component to $410,000. The potential tax for her adult children falls from $136,000 to $69,700, a saving of $66,300 if paid directly from the fund. Read the full guide with three worked examples.
Before you act
- Confirm your remaining cap, including any bring-forward from the past two years.
- Your fund must receive contributions within 28 days after the end of the month you turn 75.
- Don’t claim a tax deduction for the recontribution.
- Check your insurance, pension and Centrelink position, and update your death benefit nominations.
Related tools
Division 296 calculator · Retirement simulator · TPD tax estimator · All tools
Short FAQ
Where do I find my tax-free component?
On your annual statement or in your fund’s online account. If it isn’t shown, ask the fund; some only report it on request.
Why does the calculator need my balance at last 30 June?
Your non-concessional cap and bring-forward depend on your total super balance on the 30 June before the year you contribute.
Does a withdrawal reduce my cap?
No. Withdrawals don’t count against contribution caps, and they don’t increase this year’s cap either.
Is the result exact?
No. It’s an estimate using maximum tax rates and simplified assumptions. Your fund’s figures and personal advice determine the real outcome.
Assumptions
- Taxed super fund; no untaxed element and no insurance proceeds in the death benefit.
- The withdrawal is made at 60+ after a condition of release, so it’s tax-free.
- No fees, buy–sell spreads or CGT inside the fund; the return is illustrative.
- Future caps are assumed unchanged (they’re indexed), and the rules can change.
- Beneficiary tax uses maximum rates (15% / 17%). A beneficiary’s actual tax can be lower in limited cases.
- This is general information, not advice. It doesn’t check your fund’s rules, your insurance or your Centrelink position.