You may be eligible for an extra super contribution from the Australian Government of up to $500. Check your eligibility today!
If you’re a low-middle income earner and make personal (after-tax) super contributions to your super, the government could pay up to $5001 directly into your super each year. The amount of government co-contribution you can receive depends on how much you contribute and your income.
Please note, eligibility criteria apply. To find out more continue reading below.
The government will only make a contribution to your super if you have made a personal contribution during the financial year and meet the eligibility criteria below. Think of it as the government rewarding your commitment to a financially fit future.
If you are eligible the government will add an extra 50 cents to every after-tax dollar you contribute up to $1000. That’s up to $500 extra into your super each year, which could add up to thousands by the time you retire.
To make sure you qualify for the government co-contribution just make sure you meet these requirements:
Act now before you miss out. If you work part-time, these government co-contributions are perfect for you.
There are plenty of ways to make an extra contribution to your super so that you qualify.
Download your Digital Member Card to confirm all the details you need to start contributing to your super today.
1 The Government co-contribution rate stated applies to the 2016-2017 financial year.