Super
19 September, 2022

Your super questions answered - I've heard I can contribute to my spouse's super. Is that true?

It’s common for partners to have different super balances. This could be because of a difference in age, income or time spent in the workforce. And if one partner stops working (or reduces their working hours) to bring up or care for family, the difference can be pretty significant.

Thankfully there’s a way you can help boost your spouse’s super, so they have more in retirement too. 

Spouse contributions are personal contributions you make from your after-tax salary into your spouse’s super account. Apart from boosting your spouse’s super balance, you could also get a tax offset that could reduce your tax bill.  

So, it’s win-win! 

Another way to boost your spouse’s super is via contribution splitting. Contribution splitting lets you transfer or roll over some of the eligible before-tax contributions you’ve recently made to your own account into your spouse’s account. 

For details or to see if spouse contributions or contribution splitting could be right for your situation, read our Boost your spouse’s super fact sheet.   

Learn more about how you can help boost your spouse’s super balance by making Spouse contributions.  

 

Advice on Spirit Super is provided by Quadrant First Pty Ltd (ABN 78 102 167 877, AFSL 284443) and issuer is Motor Trades Association of Australia Superannuation Fund Pty Ltd (ABN 14 008 650 628, AFSL 238718), the trustee of Spirit Super (ABN 74 559 365 913). Consider the PDS and TMD at spiritsuper.com.au/pds before making a decision. A copy of the Financial services guide for Spirit Super Advice is available at spiritsuper.com.au/financial-services-guide

This article is for general information only and doesn’t take into account your objectives, financial situation or needs. You should assess your financial position, personal objectives and needs before making a decision based on this information. 

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