Research* shows that compulsory Superannuation Guarantee (SG) contributions alone may not provide enough for the average person to meet their financial obligations in retirement.
Therefore, making extra contributions to your super can help provide the security you need to enjoy life once you stop working.
There are two main ways of making extra contributions to your super:
- Voluntary contributions made by you from your after-tax salary
- Salary sacrifice contributions made by you from your before-tax salary by agreement with your employer.
You should consider what mix of employer contributions, salary sacrifice and personal contributions is best for you. The AustralianSuper Contributions Calculator will help you compare the benefits of each.