Concessional and non-concessional contributions

Non-concessional contributions

Non-concessional contributions are able to be made to your account from your after-tax income and are not taxed when entering the fund.

There is a non-concessional contribution cap of $110,000 per financial year. You can read more here.

Concessional contributions

Concessional contributions are taxed at a 15% rate and are made to your account from pre-tax income. These contributions include those made by employers from your pre-tax income and self-employed people who may wish to make contributions from their pre-tax income and claim a tax deduction for those contributions. Members of other types of employment can also make personal concessional contributions.

The general concessional contributions cap is $27,500 per financial year. You can read more here.

ABN	‍45 ‍960 ‍194 ‍277
USI	‍45 ‍960 ‍194 ‍277 ‍010

Information provided is of a general nature only and we have not taken your personal financial objectives, situation or needs into account. We recommend you seek financial advice when considering if Future Super is right for your objectives and needs. When considering returns, past performance is not indicative of future performance.

Future Super acknowledges the Traditional Custodians of the lands on which we operate and pay our respects to Elders, past, present and emerging. We recognise the enduring relationship Aboriginal and/or Torres Strait Islander peoples have with Country and that sovereignty was never ceded.

We stand for a future that promotes justice for Aboriginal and/or Torres Strait Islander peoples and profoundly respects and acknowledges their respective perspectives, culture, language and history.

Join Future Super

^ By providing your email address, you consent and authorise us to send you communications or information, including information required by law, via email or similar technologies. Your details will never be passed onto a third party other than in accordance with our Privacy Policy. You can elect to receive communications by post at any time by contacting Future Super on 1300 658 422 or via email at info@myfuturesuper.com.au or in writing at GPO Box 1858, Sydney, NSW 2001.