A little now can mean a lot more in retirement

The key to growing your super is simple - make superannuation contributions now, and you could end up with a lot more money to enjoy in your retirement. 

Your retirement may be decades away, or only years away, but it is not too early - or too late - to start growing your super.

Making personal contributions, also known as non-concessional contributions, means you can:

• Top up your super when you can afford to.
• Commit to a regular contribution to increase your super over time.
• Start contributing early and take advantage of compounding interest.
• Invest extra money until you retire.

As an added benefit, there are no additional fees for making contributions to your super.

How to grow your super

If you're a West State Super or GESB Super account holder, you can make contributions directly into your super account. If you have a Gold State Super account, your contributions can be made into an accumulation account. If you don't have one of these accounts, a GESB Super account will automatically be opened for you when we receive your contribution.

There are a number of ways you can make contributions to grow your super, including:

• Regular contributions made through your payroll (from your after-tax salary)
• Contributions via BPAY® - by using Member Online
• Lump sum contributions by cheque or money order with a completed  Super Contributions form

® Registered to BPAY Pty Ltd ABN 69 079 137 518

Important information about making personal contributions

• When you add to your super, you may be eligible to receive the Commonwealth Government Super Co-Contribution to grow your super even further.
• There are caps on the level of contributions that can be made to superannuation funds.
• Without your Tax File Number (TFN), we will not be able to accept your personal after-tax contributions, so remember to supply your Tax File Number to us before adding to your super.
• You may have to pay more tax than normal on certain types of contributions made to your account.

We recommend you seek professional financial advice to find out which method of making contributions to your super suits your retirement goals and financial situation.