how much can i put into super
There is a limit on how much you can put into super each year by salary sacrifice. Most people can contribute up to $30,000, including your employer's 9.5% super guarantee contribution. This is called the concessional contributions cap.ase study: Crystal boosts her super by salary sacrificing. Crystal earns $90,000 before tax, excluding her employer's super contribution. If Crystal decides to redirect $10,000 of her pay into salary sacrifice super contributions, she will save $2,400 in tax, with the extra money going into her super fund.
You can withdraw up to the low rate threshold, currently $195,000, tax-free. Any amount in excess will be taxed at the lower of 17% or your marginal tax rate. The threshold is a lifetime limit and does not include the tax-free portion. Nil tax unless the super fund is an untaxed fund-usually Government funds.