Contributions

Money paid into super is called a contribution. There are three types of contributions. First are employer, or Super Guarantee Contributions (SGC) which is the amount work has to put into your super. This is currently 9.25% of your annual salary. Second are pre tax or salary sacrifice contributions. Third are post tax or personal contributions. You need to be aware of the contribution limits when putting money into super. Contributions are strange creatures as they like to be known by different names. When in the mood pre tax contributions are also called Concessional Contributions and post tax contributions are also called Non Concessional contributions.