Spouse contributions
Contributing to your spouse's superannuation can help build your
joint savings and may also provide tax benefits.
If you contribute to your spouse's superannuation and your
spouse's assessable income, including reportable fringe benefits,
is less than $13,800 for the financial year, you may be eligible to
receive a tax offset of up to $540 (18% on the first $3,000 that
you contribute to their account).
Who is eligible for spouse contributions?
You can contribute to your spouse's super if your spouse is:
- under 65 years of age, or
- under 70 years of age and has been in paid work for at least 40
hours over 30 consecutive days during the financial year in which
the contributions are made.
How do I make spouse contributions?
To make a spouse contribution, make sure that your spouse has an
Intrust Super Account, then simply complete a Spouse
Contribution Advice Form and send it back to us with your
contribution.
If your spouse isn't already an Intrust Super member, why not
ask them to join and enjoy all the benefits of being an Intrust Super member? They'll have
their own Intrust Super account that they can contribute to, and
may even be able to ask their employer to pay their contributions
into the fund. They can also rollover any other superannuation
accounts they may have into Intrust Super, making their
superannuation easier to manage and possibly saving themselves
fees.
Opening an account for your spouse also means they can purchase
insurance cover through the fund at our very competitive rates. You
can read more about our insurance options here.
Remember to check any exit fees and changes to insurance cover
before closing any accounts.