Superannuation contributions are the payments made into your superannuation fund for your retirement.
Superannuation contributions can come from a variety of sources, including your employer or private funds.
Ensuring that you maximise the wealth that your superannuation contributions can add to your retirement funds can make a difference to how you retire.
How Zurich can help
The Zurich Superannuation Plan accepts a wide variety of superannuation contributions.
|Types of superannuation contributions||Explanation|
|Compulsory employer superannuation contributions||For most employees, employers are required to make a minimum contribution to superannuation in accordance with industrial awards, workplace agreements and the Government Superannuation Guarantee (SG) legislation.|
|Voluntary employer superannuation contributions||Any amount an employer pays above the compulsory amount is deemed to be voluntary superannuation contributions.|
|Personal superannuation contributions||Personal superannuation contributions are any amount paid from your salary after tax. This does not include superannuation contributions made through a salary sacrifice arrangement.|
|Self-employed superannuation contributions||If you are self-employed you are not required by law to make superannuation contributions. However, you may wish to do so in the form of tax deductible retirement savings.|
|Spouse superannuation contributions||Individuals can make superannuation contributions on behalf of their spouse. The contributing spouse may be entitled to a tax offset.|
|Rollovers and transfers from other funds||If you change funds or jobs you can transfer or roll over your superannuation to your Zurich Superannuation Plan.|
|Government co-contributions||If you meet certain criteria and make personal superannuation contributions the Government will match it to certain limits.|
Important: The Trustee can only accept non-concessional contributions (personal/after-tax contributions) where you have provided details of your Tax File Number and provided the contribution does not result in the non-concessional contributions cap being exceeded.
For more information, please contact your financial adviser.
Zurich can assist you with contacting a financial adviser.