LG Super

Spouse contributions

You can contribute to your spouse’s super, or have your spouse contribute to your account for as long as the receiving spouse is under the age of 65. Between the ages of 65 and 69, the receiving spouse must be gainfully employed for at least 40 hours over 30 consecutive days in the current financial year to have spouse contributions paid to their account.

Spouse contributions are not eligible to receive the co-contribution, but you could receive a tax offset of up to $540 if the receiving spouse earns less than $13,800 p.a.

The tax offset

The amount of tax offset you receive depends on your spouse’s income. The table below shows how much you could receive.

Receiving spouse’s income p.a.18% tax offset on first $3000  contributions
$10,800 or less $540
$10,800 - $13,800 Partial tax offset
$13,800 or more No tax offset

Opening a spouse account

If your spouse doesn’t already have an LGsuper account, you will need to open one for them. Read more… 

Contributions splitting

Another option is to split contributions made to your own account and transfer some or all of these amounts to your spouse's account.  Sharing contributions this way means you can grow your super as individuals, and could result in some tax advantages in retirement.  With LGsuper, you can split employer and salary sacrificed contributions made to your account during the previous financial year with your spouse (excluding contributions to a defined benefit). Read more...

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