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Contribution splitting application This form allows you to move part of your personal super contributions into your spouses super account in the financial year after the contributions were originally
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How to fill out contribution splitting application
How to fill out a contribution splitting application:
01
Obtain the contribution splitting application form from your pension provider or download it from their website.
02
Begin by filling out your personal details accurately, including your full name, address, date of birth, and contact information.
03
Provide your pension account information, such as your account number and the name of your pension scheme.
04
Specify the date from which you wish to split your contributions. This could be a future date or a specific date in the past.
05
Indicate the percentage or specific amounts you want to allocate to each party involved in the split. This may include your spouse, ex-spouse, or other dependents.
06
If you have any specific conditions or requirements for the contribution split, such as a certain period of time or circumstances, make sure to include them in the application.
07
Sign and date the application form, ensuring that all the information provided is accurate and complete.
08
Submit the completed contribution splitting application to your pension provider through their designated channels, which may include mailing it, scanning and emailing it, or submitting it online through their portal.
Who needs a contribution splitting application?
01
Individuals who are currently married and wish to allocate a portion of their pension contributions to their spouse in the event of their retirement or death.
02
Divorced individuals who have obtained a court order or agreement that entitles their ex-spouse to a portion of their pension contributions.
03
Individuals with dependents or family members who may be entitled to a share of their pension contributions upon their retirement or death, as specified in their estate planning or legal documents.
04
Those who wish to allocate their pension contributions to different beneficiaries or parties based on their personal preferences and circumstances.
05
Self-employed individuals who have chosen to contribute to a pension plan and want to designate how their contributions should be split in the future.
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What is contribution splitting application?
Contribution splitting application is a form used to request a division of retirement benefits between spouses.
Who is required to file contribution splitting application?
It is required for individuals who are getting a divorce or separating from their spouse and want to divide retirement benefits.
How to fill out contribution splitting application?
The application can be filled out online or in paper form, and it requires information about the retirement plan, the spouses, and how the benefits will be divided.
What is the purpose of contribution splitting application?
The purpose is to ensure that retirement benefits accumulated during a marriage are fairly divided between spouses upon separation or divorce.
What information must be reported on contribution splitting application?
Information such as the retirement plan details, the spouses' information, and the proposed division of benefits must be reported on the application.
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