additional contributions

Favourable tax concessions on contributions and investment earnings make superannuation a tax effective structure to save and invest for your retirement. Making extra contributions to super can increase the benefits available to you and, due to the effect of compounding, earlier contributions can reap larger rewards over time.
 
However careful planning is required because significant tax penalties apply if contribution limits are exceeded.  Refer to the Superannuation Contributions fact sheet below for more information on superannuation contributions and contribution limits.

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