What are super co-contributions?

June 21, 2017

Super co-contributions can often help grow your retirement savings. This scheme is available to those that make personal contributions into their superannuation and are low to middle income earners.

When you make personal contributions into your super, the government makes a co-contribution up to a maximum of $500; the amount the government will co-contribute to your super account depends on how much you contribute and your income.

mobiSuper makes it easy to make personal contributions, you can use either BPAY® and direct debit options to make the payment process simple! If you have any questions in relation to this, please contact us on 1300 222 622.

Or for more information https://www.ato.gov.au/individuals/super/in-detail/growing/super-co-contribution/

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