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Boost your super and claim a tax deduction
4 read min
With cost-of-living pressures on the rise, putting money aside for retirement may not be high on your priority list. But if you can, even small amounts can make a big difference on your super balance when you retire, while also reaping the benefits of potential tax savings.
After-tax (non-concessional) contributions
- These are made to your super fund with after-tax money.
- This can include personal contributions made from your take-home pay, or contributions from a partner or family member on your behalf.
- Because non-concessional contributions have already been taxed at your marginal tax rate, they are not taxed when they are received by your super fund.
- You may also be able to make these contributions and claim them on tax after 30 June.
Salary sacrifice (concessional contributions)
- This is when you and your employer agree to pay a portion of your pre-tax salary as an additional contribution to your super.
- This can also be a tax-effective strategy, especially if you’re paying more than 15% tax on your wage.
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Member outcomes
We upgraded our MemberAccess online portal during the period, added the capability for online bookings of webinars and online meetings with our Client Service Managers, and made improvements to our Interactive Voice Response (IVR) functionality.
Need more help? Contact our Client Services team
As a member, you can get personalised support from our Client Services team at no cost or obligation to assist with your retirement goals.
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