How can I increase my super?
There are several popular ways to make extra contributions into your super account and boost your retirement savings:
- Salary Sacrifice - an agreement with you and your employer to make contributions from before tax salary. Learn more.
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After tax contributions - after tax contributions may make you eligible for Co-contributions, designed to boost the super of low-income earners. Learn more.
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Spouse contributions - spouse contributions may entitle you to a tax rebate of up to $540. Learn more.
What is Salary Sacrifice?
Salary Sacrifice is an arrangement between an employee and an employer. An employee transfers part of their BEFORE tax salary into super to gain tax benefits.
What are Co-contributions?
What better way to increase your super nest egg, than getting the government to do it for you? Co-contributions are special payments made by the government to super accounts of members whose assessable income is less than $58,000 and who make personal contributions from their after tax salary.
