Contribution Overview

"a successful contribution strategy can provide valuable long term benefits to your fund."

Who can make contributions?

The information listed below is a summary and is intended to be of a general nature only. It does not take into account your individual circumstances or the specifics of your existing superannuation fund.

The below information is not intended to be comprehensive and we recommend that you seek professional advice that will take into account and address your personal circumstances.

The following table outlines the contribution rules in relation to who can make contributions to a superannuation fund:

Your age

Who can contribute

Under 65

You, your eligible spouse and your employer

At least 70 but under 70

You, your eligible spouse and your employer, provided you have been gainfully employed* for at least 40 hours during any 30 consecutive day period in the financial year.

At least 70 but under 75

You and your employer, provided you have been gainfully employed* for at least 40 hours during any 30 consecutive day period in the relevant financial year.

75 and over

Your employer may make a compulsory employer contribution

* Gainful employment means that you have been employed or self-employed for gain or reward in any business, trade, profession, vocation, calling, occupation or employment. To meet the ‘work test’ you must have met this criteria prior to the date of the contribution.