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Grow your super from day one to one day

There’s so many ways you can contribute to your super beyond your employer super guarantee (SG) contributions.

With that bit extra each month, year, or even just every now and then, you can lower your tax and grow your balance.

Super is a tax-effective way to invest.

Make a contribution today

Why make extra contributions?

Save on tax

Super is a tax-effective way to invest. Money going into your super is generally taxed at a lower rate than your regular income.

You might be eligible for some tax offsets and co-contributions as well.

You can also claim a tax deduction on your personal contributions, but there are limits that apply.

How super is taxed

Make every dollar count

Money in super grows because it’s invested in things like the share market and property — and the money you make compounds over time.

That means in super, it’s not just your investments that make money. The earnings you make on that money can also grow.

Make a contribution

Make a contribution online

It's quick and easy to make a personal contribution online. Just log in to Member Online and set up a direct debit or make a one-off contribution using BPay.

Log in & contribute

General advice only. Consider your personal objectives, financial situation and needs, which have not been accounted for, and the PDS and TMD at www.aware.com.au/pds before acting. Before contributing, consider the relevant superannuation thresholds including the current annual limit for all before-tax contributions and after-tax contributions. Exceeding any of these thresholds, may reduce any tax benefits you could receive.

What kinds of contributions are there?

There’s lots of ways you can contribute extra to your super.

We’ve organised them based on which stage of life you’re at, but many of these contribution types could be suitable for you.

Explore them below and see which contributions types may suit your personal situation.

Starting out

Giving your super a boost when you’re just starting work could add up to a lot more later.

If you earn up to $37,000 a year, you may be eligible for a low-income super tax offset (LISTO) payment of up to $500. The Australian Tax Office will figure our if you're eligible when you submit a tax return.

Family and first home

Not many people know that you can use super to buy your first home or help a spouse grow their super.

Thinking about retirement

As retirement draws closer, there’s lots of tax-effective ways you can contribute.

Retired but still investing

Generally, you can’t make contributions once you turn 75. But, you can choose how your super is invested in the future.

You should also understand how the transfer balance cap works, which limits apply and how much you can contribute based on your current super balance.

How do contributions affect my tax?

Know how your super is taxed

Money going into your super is generally taxed at a lower rate than your regular income.

Some contributions attract a tax offset like spouse contributions, while others can attract some tax.

If you do your own taxes, it’s a good idea to think about when and how tax is applied to your super.

How super is taxed

Claim a tax deduction on personal contributions

You could reduce your income tax by making personal contributions from your take-home pay to your super.

When tax time comes, you can claim a deduction through your accountant or do-it-yourself on Member Online.

When you claim this kind of deduction, your after-tax contribution is converted to a before-tax contribution. And so, the tax deduction reduces your taxable income, which may reduce the amount of tax you pay.

Find out how

How to add to your super

Log in to your Aware Super mobile app

  1. Go to ‘Make a contribution’ and select 'contribute now'
  2. Enter your contribution amount and select 'confirm'
  3. Enter your BSB and account details you’d like your contributions to be paid from and select ‘next’
  4. Review your contribution, then confirm you have read and understood the ‘Super contributions rules and cap rules’ and the ‘Direct Debit Service Agreement’, and press 'contribute'
     

Your contribution will take up to 3 business days to process.

If you don’t have the app you can download it for free from the Apple Store or on Google Play.

Log in to app

Log in to your Aware Super account to find your BPAY biller code and Customer Reference Number (CRN)
 

  1. Go to Contributions tab
  2. Select 'BPAY details'
  3. Select a contribution type and your BPAY details will be presented
  4. Copy your BPAY biller code and CRN
  5. Log in to your banking institution, and process your payment via BPAY
Log in to Member Online

What are contribution caps?

Super is designed for the sole purpose of funding your living costs and care needs in retirement. And so, there are limits on how much you can put in your super.

Concessional contributions

Concessional contributions include your super guarantee contributions, salary sacrifice and personal contributions that are tax-deductible.

How much can I contribute?

Non-concessional contributions

Non-concessional contributions are contributions you can make from your take-home pay.

Find out more