How to Contribute to Super?

Contributing to superannuation can be done is several ways, and the modern fund or platform general has access to the bPay and Direct Credit banking systems.

  • SG Contribution (work)
  • This is the government mandated contribution required to be made by your employer, currently 9.5% (as at 01/07/2014)

  • Award/Other Contribution (work)
  • Some employment arrangements have additional contributions being made by your employer above and beyond the normal SG Contribution based on the negotiated contract or award.

  • Salary Sacrifice (work)
  • Some employer offer their staff the ability to salary package items including superannuation contributions, basically your employer takes extra superannuation contributions from your wage before tax, allowing you savings and build your super balance much faster.

  • Personal Contribution - Undeducted
  • This is you making cash contributions from your own funds after tax

  • Spouse Contribution
  • Under certain conditions it is possible for a spouse to contribute to your superannuation fund and they can claim a tax deduction.