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Co-contribution eligibility

Posted on Jul 11, 2017 by admin

Super co-contributions help eligible individuals boost their nest egg.

The government makes a contribution of up to $500 when certain individuals make personal (after-tax) contributions to their super fund. The amount of co-contribution will depend on an individual’s income and how much is contributed.

To receive a government co-contribution, you must meet the following conditions:

Additionally, individuals are not entitled to a super co-contribution for any personal contributions made that have been allowed as a tax deduction.

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