What are after-tax (non-concessional) contributions?
Non‑concessional contributions are personal contributions made using after‑tax money.
- These contributions are not taxed when paid into super
- The annual non‑concessional contribution cap is $130,000
- Your ability to make after‑tax contributions may also depend on your total super balance
Eligible low‑income earners may also receive a government co‑contribution.
Contribution limits are set by law and may change. Refer to the Defence Bank Super Assured Retirement Savings Account Product Disclosure Statement (PDS) and Australian Taxation Office guidance.