The contribution types for Superhero Super include:

1. Employer contributions
2. Personal contributions
3. Spouse contributions
4. Government co-contributions
5. First Home Super Saver (FHSS) Scheme
6. Downsizer (if 55 or over)

You can find more information about contributions in the ‘Adding to your super’ section of the Additional Information Guide on our website.

Contributions can only be made into a Superhero Super account. Superhero Retirement and Transition to Retirement accounts cannot receive contributions. For more information about these account types please read the Superhero Retirement Product Disclosure Statement.

Please use the pre-filled Superhero super Employer Contribution Form to provide to your employer, which is available for download in the Profile tab of your Superhero Super account

You will need to send this form to your employer in order to receive employer super contributions into your Superhero super account.

You can make the following contributions:

1. Concessional contributions – From 1 July 2024 the annual limit for a concessional contribution is $30,000 in each financial year. You can carry forward any unused amount of your concessional contribution cap, provided your total super balance is less than $500,000 as at 30 June in the previous year. Any unused contributions cap will expire at the end of 5 years.
2. Non-concessional contributions – From 1 July 2024 the annual limit for non-concessional (post-tax) contributions is $120,000. This amount is reduced based on your total super balance as at 30 June in the previous financial year and is reduced to nil if your total super balance is equal to or greater than the general transfer balance cap of $1.9million. If you’re below the age of 65, and subject to your total super balance as at the 30 June in the previous financial year, you can bring forward the equivalent of one or two years of your annual cap from future years. This means you can make contributions up to two or three times the annual cap amount over the bring-forward period. Refer to www.ato.gov.au for more information on the bring-forward arrangements.

Yes, you can make additional contributions to your Superhero Super account. Additional contributions must be a minimum of $100 and can be made via BPAY.

You can find the BPAY contribution details in the Profile of your Superhero Super account.

Employer contributions into your super are taxed at 15% when received by Superhero Super. The net amount is available for investing.

Example: If your employer paid $1,000 into your super account, $150 will be paid to the ATO as tax on contributions. The remaining $850 will be available for investing.

If your contribution can be successfully processed before 5pm on 30 June your contribution will be included in that financial year.

You must contact us, via live chat through our website or by email at super@superhero.com.au so we can advise if it is possible to process your contribution within our operating hours.

If you wish to claim or vary a deduction in relation to a personal contribution made to your Superhero Super account, you can download the Notice of intent to claim or vary a deduction for personal super contributions form available via the ATO website.

This form can then be submitted to us at super@superhero.com.au. 

More information can be found here.