Fast track your super balance
Making additional payments (known as contributions) to your super account can make a significant difference to your financial future.
Contributions from your employer alone may not be enough to fund your dream retirement, but there is a simple way for you to help it grow faster.
The benefit of making additional payments to your super is that you could earn returns on your investment returns, which helps your balance grow over time – and you may also be able to lower your taxable income at the same time!
There are times when the financial markets aren’t always going up, which means there may be years when your returns aren’t positive. If you have a long investment timeframe, you’re in a better position to ride out the ups and downs.
Estimate your retirement income
Use our Retirement Income Simulator to project your super balance in the future and how long it might last in retirement. You can also estimate the difference that making regular additional contributions will have.
Contributions set up through your employer where additional money (nominated amount by you) is paid into your super before you pay tax.
It’s important to note that the government limits the amount you can contribute to your super. If you go over the limit, you may pay additional taxes. These limits are called contribution caps. You should be aware there are different types of contribution caps that apply, please see the ATO website.
- Contributions you or your employer make from your after-tax pay
- Personal contributions for which you do not claim an income tax deduction
- Spouse contributions
You should be aware there are different types of contribution caps that apply, see the ATO website.
Speak with your employer directly (HR or payroll) about setting this up.
Ask them to direct a portion of your pre-tax pay to us. You may want to talk to us about the benefits of doing this.