Did you know you could help boost each others super savings with a Spouse Contribution?
Put simply, it means less tax for one, more super for the other.
Make a spouse contribution into your Rest account.
What are the benefits of sharing?
Build your retirement savings together.
Even if you're not eligible for a tax offset you can still make a spouse contribution to your spouse's account. Just think how that could help you save for your future together.
If your partner earns less than $37,000 a year and you make an after tax contribution into their super account you may be eligible for the maximum tax offset of 18%. (the maximum offset of $540 is based on a $3,000 contribution per year). The offset reduces as your partner’s income increases above $37,000, and completely phases out at $40,000.
