Top Up Super From After-Tax Income

Superannuation is a structure the government says you can have up to 1.7 million in today's dollars in your super on the back end of your life any earnings or drawdowns are tax-free. In some circumstances it still makes sense to make such contributions for self-employed people after-tax contributions are basically super contributions you make to your fund but don't claim a tax deduction on them they're classified as concessional contributions. You can only contribute up to 27 and a half thousand dollars per year so anything over that you have to switch over to what's called non-concessional contributions. Why might it make sense to top up super from after-tax income and make non