Topping up your super
Using your own money to top-up your superannuation is generally a good investment. You may receive tax concessions and other government benefits for doing so.
First check whether you can spare the money, because, once you put it into superannuation, it must stay there until you retire. Weigh up the benefits of extra superannuation against your other financial priorities.
Ways to make extra contributions
There are three options to consider, depending on your circumstances:
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Make your own after-tax contributions (you may receive a government co-contribution).
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Make before-tax contributions or salary-sacrifice payments.
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Make contributions on behalf of your spouse.
Visit the Australian Securities and Investments Commission's consumer website, FIDO, for more information about topping up your superannuation savings.
You can also use the Australian Securities and Investments Commission's superannuation calculator to see the effect of extra contributions (including co-contributions) on your final superannuation benefit.