Federal Govt Budget

Government co-contributions-the easiest $500 you'll ever make

CoContributions pic

Its not often the Government gives us money for nothing.

But that’s exactly what a “government co-contribution” is.

It’s where the Government rewards you for adding to your super by giving yousome more super (known as a “government co-contribution”).

If you’re eligible for the highest possible co-contribution, theGovernment will give you an extra 50% of what you put in, up to$500 (and you would need to contribute $1,000 to get this).

by HeffronBT.

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