Top up before EOFY

Invest in you

Are you on track for a comfortable retirement?

Adding more to your super before the End of Financial Year is not only super tax effective, it could also mean more financial freedom in retirement.

Ready to add more? Download the Salary Sacrifice form or make an after-tax contribution by logging in to your account to get your payment details. If you’d like to know more before you make a contribution, keep reading below

Got questions?

Register for an upcoming webinar to find out more about how to boost your super before EOFY and save on tax.

Register now

Two ways to make extra contributions to your super

  • Before-tax contributions (Salary Sacrifice)

    Salary Sacrifice is when you ask your employer to put part of your before-tax salary into your super account. The amount is extra to the super your employer already pays you and it’s worth considering if you earn over $45,000. It’s like swapping part of your pay check for other perks, including more money in your super over the long-run and less tax now.

    Benefits of Salary Sacrifice:

    1. Extra contributions will grow over time with compounding interest (investment returns earned on your investment returns).

    2. Pay less tax on the money you contribute. Any contributions are taxed at 15%, which may be lower than your tax rate.

    3. Adding some of your before tax-pay to your super will reduce your taxable income, which may reduce the tax you pay on your wage at the end of the financial year.

    How to Salary Sacrifice:

    All you need to do is complete our Salary Sacrifice form and give it to your employer.

    Download form >

  • After-tax contributions (Voluntary Contributions)

    Voluntary Contributions are amounts you put into your super from your bank account. No contribution tax is charged, so any extra money you put in will go straight to your super balance.

    Benefits of Voluntary Contributions:

    1. Extra contributions will grow over time with compounding interest (investment returns earned on your investment returns).
    2. Choose whether to make a once-off or regular ongoing contribution via BPAY, Direct Debit or Cheque.
    3. Claim a tax deduction on your after-tax contributions.

    How to make a Voluntary Contribution:

    1. Log in to your online account and head to the ‘personal details’ page
    2. Get your personal BPAY biller code and reference number
    3. Make a payment by phone or online via your own bank, credit union or building society.

    Alternatively, you can pay by Direct Debit or Cheque by filling out the relevant form and sending it to Media Super.

Work out the best option for you

The best way to add to your super depends on a range of things including your age and income. Our calculator can help you work out what option might work best for you.

Calculate now

Other types of contributions

  • Spouse contributions

    If you contribute to your spouse's super account, you may be eligible for a tax offset of up to $540 per financial year. The contribution must be processed as a spouse contribution to qualify.

    Find out more >

  • Government co-contribution

    If you earn less than $58,445 per year, you may be eligible to receive a Government co-contribution of up to $500. Any amounts claimed as a tax deduction would not be eligible for co-contribution.

    Find out more >

  • Downsizer contributions

    A downsizer contribution is available to anyone aged 55 or over and it allows you to contribute up to $300,000 as an individual or $600,000 as a couple from the sale of your home.

    Find out more >

Tax file number (TFN) requirements

To accept personal contributions from you, Media Super needs your TFN. Update your TFN via your online account, or call us on 1800 640 886.

Contribution caps

Find out more about contribution caps and other important information.

We're here to help

If you’d like to learn more about Media Super or have any questions about joining, we can help you with any questions you might have.