Spouse superannuation contributions are sometimes used as a strategy to balance the superannuation balances between a husband and wife. Or, between the main breadwinner, who is working consistently, and a spouse who is not.

Spouse contributions to superannuation are a form of non-concessional contribution.

A spouse contribution rebate may be available to a spouse who contributes money to their (receiving) spouse’s superannuation, subject to a number of rules. That’s finance speak for ‘potential tax benefit’.

Superannuation contributions splitting is another strategy used to balance out superannuation balances. These are before-tax or concessional contributions, where the employer’s super contributions are split between two people. You should speak to your financial adviser, or contact your superannuation fund, for more details.

Finally, the Government Co-Contribution might also be available for people who make voluntary contributions.

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