Additional contributions
Extra dollars add up over time
Super is one of the most tax-effective ways to save for retirement. Even $30 extra a week can give your super a real boost at retirement. For most of us, the 9% employer contribution just isn't enough to provide the lifestyle you want when you stop working.
There is no time like the present to start making contributions to your super. In fact the sooner you start, the sooner you may benefit from tax savings and maybe even a free contribution from the government!
| Different types of contributions | |
| Personal after-tax contribution | Personal contributions are known as Non-concessional Contributions and is when you add additional amounts to your super after your income has been paid into your account. |
| Goverment Co-contribution Scheme | If you are eligible, the Government is willing to give you a super boost of up to $1,000 to help you save for retirement. |
| Salary Sacrifice |
This is when you contribute additional amounts to your super before tax is applied to your income. This could reduce the amount of tax you pay on your income. |
| Spouse Contributions | If your spouse is eligible, they can contribute to your super account to help you boost your super for retirement. |
Please note, contribution tax limits apply when making additional contributions, please refer to our Contribution limits factsheet for more information.
You can make a contribution to your super if you are under age 65, or if between 65 and 74 and have worked at least 40 hours over 30 consecutive days in the relevant financial year.
About the Fund
Australian Enterprise Super is tailored to the retail industry and supports small to medium enterprises. With simple, low–cost investment options, our industry super fund gives you the benefits of low fees, excellent services and one-on-one support, making it easy to manage your super.
The broad appeal of our retail industry super fund lies in our straight-forward approach to meeting member’s needs. Our wealth of experience, extensive industry knowledge, and relationships with key associations enable us to offer an outstanding client service and the expertise to help you manage your super easily and effectively.
When you’re looking for a fund that focuses on the retail industry and supports small to medium enterprises, consider the facts – for years, Australian Enterprise Super has been providing quality superannuation solutions for a range of clients, with personalised service that truly meets individual needs. To find out more about our hospitality and retail industry super fund focused options, contact Australian Enterprise Super today. Read more
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Service Providers
Australian Enterprise Super is a division of Professional Associations Super, an industry fund with over 445,000 members across Australia and over $1.5 billion of funds under management. Professional Associations Super divisions include SMARTpension, RecruitmentSuper, and Accountants Super
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This information is of a general nature only and does not take into account your personal objectives, situation or needs. Before making a decision about Australian Enterprise Super, you should consider your own requirements and the relevant Product Disclosure Statement. Contact us for a copy.