Gemma Dale

So you can split 85% of the contributions.

That's the after-tax amount because remember we pay 15 cents in the dollar to the ATO for a pre-tax contribution that goes in.

You can split that to your spouse's account.

So you could, if you're a man,

having your $30,000 a year going in, split 85% of that to just the post-tax amount over to your spouse's account.

And so you're therefore building up her account to equalize and it benefits both of you over time if you're coming closer to those thresholds and the transfer balance caps and all the other limits now that are

Yeah, really reducing the attractiveness for people who are trying to get very large balances.

And there's also a spouse contribution at the very low end where you get a $550 or $540 tax offset, which is not going to change anyone's life, but for a contribution.

I think maybe... Everyone wants $540 back from the tax office, so it's fine.

You could try that too.

But you have a very low-income earning spouse again in that scenario.

Yeah, there was a period of about 10 years where everyone decided, maybe longer actually, you know, the equalization just wasn't that important because it was tax-free super once you hit 60 and you could make tax-free withdrawals and there were just no limits.

And then they started reintroducing limits and we're back to like, oh, wait a second, it's really important that we equalize it.

What goes around comes around and super happens.

Well, no.

So there's a thing called the maximum contribution base, which has existed forever.

I had to go check the numbers.

And your employer is not obligated to make SG contributions once you earn more than $62,500 a quarter.

That's indexed each year.

That comes to $250,000 a year.