Voluntary contributions
What are voluntary contributions?
A voluntary contribution is extra money you add into your super account. They’re also known as personal contributions.
Voluntary contributions are different from the Super Guarantee (SG) contributions made by your employer.
Making extra contributions can help grow your super faster and provide you with more when you come to retirement.
Types of voluntary contributions
Salary sacrifice
Salary sacrifice is an arrangement with your employer to make additional super contributions from your before-tax salary each pay cycle. Your employer makes these additional contributions on your behalf.
These contributions are taxed at 15% instead of at your personal income tax rate.
After-tax contributions
After-tax contributions are extra payments you make into your super from your take-home pay (after tax).
You can contribute from your savings or other money you’ve received, such as an inheritance.
Contribution caps
There are limits (known as caps) on how much you can contribute to super before extra tax can be payable.
See the impact of extra contributions
Use our calculator to see how extra contributions could boost your super balance.
We’re here to help. So let’s talk.
If you have any questions, please don’t hesitate to call our Member Services Team on 1300 360 988, or email us.