Injured? You may be eligible for an exemption

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If you've ever been seriously injured, or in the very unfortunate event that you are, you may be interested to know there's a special exemption that allows you to put any personal injury payments into your superannuation without the risk of breaking your contributions cap.

Personal injury payments are generally excluded from the non-concessional (after tax) contributions cap of $150,000. There is no limit to the amount that can be contributed under this exclusion, however in order for it to apply, there are certain conditions that must be met.

Personal injury payment requirements

The payment type must be paid as a result of one of the following categories:

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