Where are you at with your super?

Grow your super

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

Will you have enough money in your super to fund your retirement? Making a small contribution now can make a difference to your retirement.

There are several different ways you or the Government 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. If you are a Queensland school employee in the independent education sector, you may also be eligible for additional employer 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 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.