Every little bit counts
November 6, 2016
We all want to have a comfortable retirement when we finish work. It can seem like a far-off goal, but making extra contributions into your super now can mean you’ll be able to continue to enjoy the things you’ve worked hard for.
What kind of contributions can I make?
There are two types of contributions you can make:
- post-tax: you generally arrange on your own contributions and use BPAY or send us a cheque
- pre-tax: you can arrange through your employer to take out of your salary each pay period. To start, contact your Payroll department and they will let you know what to do
How do I choose?
Deciding which type of contribution to make can seem hard. We’re here to help you.
- decide what kind of contributions to make: try our pre vs post-tax contribution calculator to give you an idea of how the different types will affect your final take-home pay.
- give us a call: TelstraSuper Financial Planning phone Advisers can help you decide over the phone and it won’t cost you anything extra as this kind of advice is included in your membership. Call us on 1300 033 166.
see how contributions affect your take-home pay
There are limits
There are annual limits on how much you can contribute to your super each year and receive tax concessions. If you log into your SuperOnline account you can see how you are tracking towards your pre-tax contribution limit.
There's never been a better time to get started. The sooner you start the greater potential for your final balance.
Need help making contributions?
At TelstraSuper we’re here to help you build a secure financial future. If you’d like to discuss your options for making contributions or if you have any other queries relating to your account contact us on 1300 033 166 or fill in our online contact form.
Online contact form