Superannuation Calculator Australia
Project your super balance, compare salary sacrifice strategies, model carry-forward contributions, and calculate Division 293 tax — all in one place.
Understanding Your Superannuation
Superannuation is Australia's compulsory retirement savings system. Your employer contributes a minimum of 12% (the Super Guarantee rate for 2025-26) of your ordinary time earnings into a super fund on your behalf. You can boost your retirement savings through salary sacrifice (pre-tax contributions) and after-tax contributions. This calculator helps you understand how your super will grow over time and the tax implications of different contribution strategies.
Key thresholds to be aware of: the concessional contribution cap is $30,000 per year, the non-concessional cap is $120,000 per year, and Division 293 tax applies when your income plus super contributions exceeds $250,000. If your total super balance is below $500,000, you may be able to use unused caps from the previous 5 years through the carry-forward rule.
Frequently Asked Questions
How is the Super Guarantee (SG) rate calculated?▾
The SG rate for 2025-26 is 12% of your ordinary time earnings. Your employer must contribute this amount to your super fund. The SG is capped at the Maximum Super Contribution Base of $62,500 per quarter ($250,000 per year).
What is Division 293 tax?▾
Division 293 is an additional 15% tax on concessional super contributions for high-income earners. It applies when your income plus concessional contributions exceeds $250,000. Even with Div 293, super contributions are typically taxed at a lower rate than your marginal tax rate.
What are carry-forward contributions?▾
If your total super balance is below $500,000, you can carry forward unused concessional contribution caps from the previous 5 financial years. This allows you to make larger concessional contributions in a single year without exceeding the cap.
How does salary sacrifice into super work?▾
Salary sacrifice is an arrangement where you agree with your employer to redirect part of your pre-tax salary into super. These contributions are taxed at 15% in your super fund instead of your marginal tax rate, which can provide significant tax savings.
What is the ASFA Retirement Standard?▾
The Association of Superannuation Funds of Australia (ASFA) publishes the Retirement Standard, which benchmarks the annual budget needed to fund a comfortable or modest standard of living in retirement. For a single person, comfortable retirement requires about $52,085 per year.