It's easy to think that super is something you can leave for later, but taking small steps now could add up to a lot more over time. All it takes is adding just a little extra to your super – if you start early enough, even small amounts can make a real difference when you do it regularly.

Types of contributions

It’s important to understand the differences between the types of contributions that can be made into super, so you’re aware of any tax implications or the effect of contribution caps. To read more about contributions and caps, read our Reference Guide: Contributing to your super for Accumulate Plus.

  • Non-concessional (after-tax) contributions
  • Concessional (before-tax) contributions
    • These are generally contributions for which an employer or member may be able to claim a tax deduction. They are generally taxed concessionally.

      Employer contributions

      These are compulsory contributions that your employer must make to your super under Super Guarantee (SG) laws or Award conditions, and any other voluntary employer contributions. If your employer doesn’t currently contribute to your account, find out how you can ask them to start

      Salary sacrifice contributions

      This allows you to request an employer to pay part of your gross (pre-tax) salary into to your super.

      Personal deductible contributions

      You may be eligible to claim a tax deduction for any after-tax personal super contributions you make.

Other useful resources

    Super contributions optimiser

    See how you can boost your super by making extra contributions (Source: ASIC MoneySmart)

    Super contributions

    Find out more about the different types of super contributions. (Source: ASIC MoneySmart)