You’ll have heard the old, almost grandmotherly adage that ‘every dollar counts’. But guess what – it’s true.
Voluntary after tax super contributions, also called non-concessional contributions, refer to any payments you make to your super fund out of your take-home pay. Making after-tax super contributions is an easy way to boost your retirement savings on your own schedule.
YOUR SUPER MONEY JAR
Setting up small, automatic after-tax payments is a simple and effective way to add a little extra every month. In the same way people empty their coins into a change jar at the end of a day, making small contributions to your super is like putting your coins into your super savings instead, which you can access when you retire.