Investment, Insurance, Superannuation
Investor Insights > News > EOFY super moves worth thinking about
May 2026
EOFY often gets us thinking about money, and your super deserves its moment too. You don’t need to do everything, but a few small moves now could make a big difference over time. Your future self will thank you.
If you have a little extra cash around 30 June, putting what you can into your super can be a powerful EOFY move. Contributions generally fall into two categories: concessional (before-tax) and non-concessional (after-tax).
Concessional contributions are generally taxed at a lower rate inside super and may reduce your taxable income – and that’s why they’re often the first choice.
Non-concessional contributions come from money you’ve already paid tax on. They don’t reduce your taxable income, but they still help grow your retirement savings.
The best option depends on how you earn income, how much has already gone into your super this year and how close you are to EOFY deadlines. Rules and eligibility vary based on your personal circumstances, like your age, work situation and how you contribute.
Before-tax contributions can be particularly effective because they may reduce your taxable income while helping grow your super. There are two main ways to make them: through salary sacrifice or by making a personal contributions and claiming a tax deduction later.
Using salary sacrifice
Salary sacrifice means choosing to have part of your pre-tax salary (or sometimes an extra payment, like a bonus) paid into your super instead of your take home pay.
What’s involved
You’ll need to set this up with your employer. You complete a form or agreement, and your employer pays money into your super on your behalf.
Good to know for EOFY
Salary sacrifice only applies to income you haven’t been paid yet. If you’re close to 30 June, there might only be limited time for changes to take effect. Check what your employer has already contributed this financial year as annual contribution caps apply.
Make a personal contribution and claim a tax deduction
You can also make a personal contribution using money from your take-home pay or savings. If you’re eligible, you can claim a tax deduction for that contribution when you lodge your tax return.
This can be a practical EOFY option if you have spare cash and want more flexibility than salary sacrifice allows.
What’s involved
You make a personal contribution directly to your super fund. To claim a tax deduction, you need to submit a notice of intent to claim a tax deduction to your super fund and receive confirmation from your super fund before lodging your tax return.
Good to know for EOFY
Personal deductible contributions count toward your annual concessional (before-tax) contribution cap, so it’s worth checking how much you have contributed during the year. Super funds may also have processing cutoff dates close to 30 June, so acting earlier can help ensure your contribution counts this financial year.
For more information about claiming a tax deduction on your personal super contributions, visit the Australian Taxation Office (ATO) website or speak with your registered tax agent.
Catch-up contributions
If you’ve had a career break, worked part-time or didn’t contribute the full amount to your super in previous years for another reason, you might be able to add more now, using what’s called ‘catch-up’ contributions.
What’s involved
If you’re eligible, you make a concessional contribution above the standard annual cap, using unused amounts from previous years.
Good to know for EOFY
Eligibility depends on your total super balance and contribution history. You can check your total super balance and contribution caps in ATO Online Services via myGov. This information is updated annually, so it may differ from your current super fund balance.
After-tax contributions are made from money you’ve already paid tax on, like savings or income. These contributions are non concessional where no tax deduction is claimed, and they can still help build your super balance over time.
This option may suit people who have already used their concessional (before-tax) options or don’t need a tax deduction right now.
What’s involved
You transfer money from your bank account into your super as an after-tax contribution.
Good to know for EOFY
Contribution caps apply, and special rules may allow some people to contribute more within a shorter period. If you’re considering adding larger amounts, you’ll need to check the rules before transferring money.
Eligible for an extra boost?
In some cases, extra money may be available when you make an after-tax contribution. This can include:
What’s involved
You make a contribution as follows if you’re eligible.
Good to know for EOFY
Eligibility is based on income and other factors, and EOFY is a good time to check whether either option applies to you before 30 June. For more information about eligibility requirements, visit ato.gov.au.
EOFY actions can feel small in the moment, but they’re often the building blocks of something bigger. Whether you top up your super, make the most of contribution rules, or simply map out a clearer plan for the year ahead, the key is building the habit of checking in and making intentional choices.
A glorious retirement is a lifetime in the making. The steps you take today can help shape the freedom, comfort and confidence you want tomorrow.
If making a contribution feels right for you, you can log in to your account and take action before 30 June.
Getting expert advice is all part of being a member - our team of Financial Coaches provide general advice related to your super, at no extra cost.
If you are a member, book an appointment with a Financial Coach today.
* Financial Coaches provide financial advice under the Australian Financial Services licence (AFSL) of Actuate Alliance Services Pty Ltd ABN 40 083 233 925 AFSL 240 959 (Actuate). OPC has appointed Actuate to provide general and limited advice services (which includes simple super advice) to members of relevant products in the Retirement Portfolio Service. OPC and Actuate are part of the Insignia Financial Group. Neither OPC, nor any other entity within Insignia Financial Group, including any other entity within the Insignia Financial Group that is a trustee for a regulated superannuation fund, is liable for or responsible for any work, action or advice provided by Actuate. For important information about Actuate’s services which you should know before making a booking, please refer to Actuate’s Website Disclosure Information.
This article has been prepared for OnePath Custodians Pty Limited (OPC) ABN 12 008 508 496, AFSL 238346 as Trustee of the Retirement Portfolio Service (ABN 61 808 189 263). OPC is part of the Insignia Financial group of companies comprising Insignia Financial Limited ABN 49 100 103 722 and its related bodies corporate (Insignia Financial Group).
The information in this article is current as at May 2026 and may be subject to change.
You should read the relevant Financial Services Guide (FSG), Product Disclosure Statement (PDS), Target Market Determination (TMD), Additional Information Guide (AIG), Investment Funds Guide (IFG), and product and other updates (for open and closed products) available at onepath.com.au and consider whether OnePath products are right for you before making a decision to acquire, or to continue to hold any OnePath product. Alternatively, you can request a copy of this information by calling Customer Services on 133 665.
Taxation law is complex, and this information has been prepared as a guide only and does not represent taxation advice. Please see your tax adviser for independent taxation advice.
Before re-directing your super or moving your money into your product, you will need to consider whether there are any adverse consequences for you, including loss of benefits (e.g. insurance cover), investment options and performance, functionality, increase in investment risks and where your future employer contributions will be paid. Any investment is subject to investment risk, including possible repayment delays and loss of income and principal invested. Returns can go up and down. Past performance is not indicative of future performance.
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