Spouse contributions

You could receive a tax rebate for contributions

The couple that save super together, pays less tax together!

Contributing to your spouse's super might make a lot of sense if your spouse has a low income or does not work at all.

This strategy effectively provides your spouse with a means to build their retirement savings, which is particularly relevant for spouses who are not employed. In addition, opening an account means your spouse can apply for insurance cover through Sunsuper at very competitive rates.

To qualify, your spouse must be under 65 years of age, or aged 65 to 69 and have worked 40 hours in a 30 day period in that financial year. By simply making contributions on their behalf, you can receive a tax rebate of up to $540 each contribution year.

To receive the full rebate, your spouse must have earned less than $10,800 in the financial year that you made the contribution on their behalf. To qualify for a partial rebate, your spouse must have earned between $10,800 and $13,800.

Download the Spouse contribution advice form.

Caps apply to contributions and any super contributed over the cap amount is subject to extra tax. The cap amount depends whether the contributions are concessional (before-tax) or non-concessional (after-tax). Check out information on contribution caps including the recent changes to concessional contribution caps.