Get the free Superannuation Contribution Splitting Application

Superannuation Contribution Splitting Application Thank you for your inquiry about splitting contributions in IEC Super. Please read the information below and return the completed form to IEC Super

How to fill out superannuation contribution splitting application

How to Fill Out Superannuation Contribution Splitting Application:

1. Obtain the application form: Begin by obtaining the superannuation contribution splitting application form. This can usually be downloaded from your superannuation provider's website or requested from their customer service team.
2. Fill in personal details: Start by providing your personal information such as your full name, date of birth, address, and contact details. Make sure to double-check the accuracy of these details.
3. Provide superannuation account information: Indicate the details of the superannuation account you wish to split your contributions from. This includes the account name, account number, and the name of the fund or provider.
4. Specify the contribution splitting request: Clearly state the amount or percentage of your superannuation contributions that you would like to be split from your account. You may also need to specify the financial year(s) for which this request applies.
5. Provide the receiving account details: Indicate the superannuation account where you want the contributions to be transferred. This includes the account name, account number, and the name of the fund or provider.
6. Signature and date: Sign and date the application form to authenticate your request. Make sure to read and understand any declarations or consents mentioned on the form before signing.

Who Needs Superannuation Contribution Splitting Application:

1. Married or de facto couples: Couples who are in a married or de facto relationship may benefit from the superannuation contribution splitting application. It allows one partner to transfer a portion of their superannuation contributions to their spouse or partner’s superannuation account.
2. Balancing superannuation balances: The application is particularly useful for couples who want to balance their superannuation balances or who may have significantly different amounts saved in their accounts. By splitting contributions, both partners can work towards achieving more equal superannuation savings.
3. Planning for retirement together: With the contribution splitting application, couples can proactively plan for their retirement together and ensure that both partners have sufficient superannuation savings when the time comes.

Remember, it is always advisable to consult with a financial advisor or seek guidance from your superannuation provider to understand the specific requirements and implications of contribution splitting in your particular situation.

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What is superannuation contribution splitting application?

Superannuation contribution splitting application allows a member of a superannuation fund to split their eligible superannuation contributions with their spouse.

Who is required to file superannuation contribution splitting application?

Any member of a superannuation fund who wishes to split their superannuation contributions with their spouse is required to file a superannuation contribution splitting application.

How to fill out superannuation contribution splitting application?

To fill out a superannuation contribution splitting application, the member needs to provide their personal details, details of their spouse, and specify the amount of contributions to be split.

What is the purpose of superannuation contribution splitting application?

The purpose of superannuation contribution splitting application is to allow couples to even out their retirement savings by transferring superannuation contributions between spouses.

What information must be reported on superannuation contribution splitting application?

The information that must be reported on a superannuation contribution splitting application includes personal details of the member and their spouse, details of the superannuation fund, and the amount of contributions to be split.