Where are you at with your super?

Grow your super

There are several different ways you can contribute to your super to boost your retirement savings further.

Will you have enough money in your super to fund your retirement? Even making a small contribution now can make a difference to your retirement.
 
There are several different ways you can contribute to your super to further boost your retirement savings.

Employer contributions

Employers are generally required to contribute a percentage of your Ordinary Time Earnings into super. These contributions are known as Superannuation Guarantee contributions.


Personal contributions 

Personal contributions are amounts you contribute to your super fund from your after-tax income.

 

Salary sacrifice contributions 

Salary sacrifice involves having your employer pay part of your pre-tax income into your super. Depending on your circumstances, this could mean you pay less tax.


Super Government co-contribution 

If you’re not on a high income, you may be eligible for a co-contribution from the Government. 

 

Low income super tax offset (LISTO) 

The LISTO is a Government super payment of up to $500 per financial year to help low income earners save for their retirement. 


Self-employed contributions 

Find out how you can contribute to super if you’re self-employed. You may also be eligible to receive a tax deduction.


Spouse contributions 

You can help your spouse save for their retirement by making contributions on their behalf or by transferring contributions from your account (this is called contribution splitting).


Contribution limits 

There are some limits on how much can be contributed to super each year before additional tax applies.