Westpac Banking Corporation

Super & Retirement Read up on

How to top up my super

You can boost your super by making an after tax contribution - the money you earn on your super investments are taxed at a maximum of 15%, rather than a maximum of 46.5% in non-super investments. 

This means that an after tax contribution to your superannuation could be a more effective way to save for retirement, rather than investing or saving your money outside of super. 

Add money to… 

  • BT Super for Life - we’ve made it easy for you to add money to your BT Super for Life savings account. Simply transfer money using online banking
  • Westpac Personal Superannuation, Westpac Lifetime Superannuation Plan or Westpac Personal Superannuation Investment Plan  - you can top up these products using a direct debit. This is where you can instruct Westpac to transfer money from your bank account to your super, on a date arranged by Westpac.

Check your account allows direct debits

You should note that direct debits are not available on all accounts provided by financial institutions. If you are not sure if your account allows direct debits, please verify this with your financial institution before giving us the Direct Debit Request Form (PDF 65kb).

Things you should know
  • The taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and their interpretation. Your individual situation may differ and you should seek independent professional tax advice on any taxation matters.
  • BT Funds Management Limited (ABN 63 002 916 458) is the trustee of BT Super for Life (ABN 53 398 474 034) and is the issuer of interests in BT Super for Life. You can download a Product Disclosure Statement (PDF 1mb) (PDS) for BT Super for Life. Alternatively it can be obtained by calling 1300 653 553 or visiting www.btsuperforlife.com.au. You should obtain and consider the PDS before deciding whether to acquire, continue to hold or dispose of interests in BT Super for Life. 
  • You can download a Financial Services Guide (PDF 304kb) for BT Super for Life. Alternatively it can be obtained by calling 1300 653 553, visiting www.bt.com.au or from any Westpac branch.
  • Westpac Securities Administration Limited ABN 77 000 049 472 is the trustee of Westpac Personal Superannuation Fund (RSE R1003987) and Westpac Master Trust - Superannuation (RSE R1003970) and is the issuer of interests in Westpac Personal Superannuation Fund (RSE R1003987) and Westpac Master Trust - Superannuation (RSE R1003970). A Product Disclosure Statement (PDS) is available for each of Westpac Personal Superannuation Fund (RSE R1003987) and Westpac Master Trust - Superannuation (RSE R1003970) and can be obtained by calling 131 817 or visiting any Westpac branch. You should obtain and consider the PDS before deciding whether to acquire, continue to hold or dispose of interests in Westpac Personal Superannuation Fund (RSE R1003987) or Westpac Master Trust - Superannuation (RSE R1003970).
  • An investment in this product is not an investment in, deposit with or any other liability of Westpac Banking Corporation ABN 33 007 457 141 (the Bank) or any other company in the Westpac Group. It is subject to investment risk, including possible delays in repayment of withdrawal proceeds and loss of income and principal invested. The Bank is not the issuer of the product. Neither the Bank nor any other company in the Westpac Group stands behind or otherwise guarantees the capital value or investment performance of the product.
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