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Spouse Super

You can open a Marketlink account on behalf of your spouse and they can take advantage of Local Super’s 6 investment options and optional insurance cover.

There are no entry costs or fees to open a Marketlink account. An initial contribution of $100 is all that’s needed to establish the account for your spouse and this forms the opening balance of the account.

The Marketlink account can accept employer and personal contributions (including salary sacrifice) as well as rollovers.

There are also tax advantages to making spouse contributions. If your spouse is not earning an income or earning up to $13,800 (including reportable fringe benefits), then contributing to their account via spouse contributions means you may be eligible for a tax offset.

How does the Spouse tax offset work?

Where your spouse earns up to $13,800 p.a. in total assessable income (including reportable fringe benefits), contributions up to $3,000 will attract an 18% tax offset. The maximum value of this tax offset is $540.

Even if you don’t qualify for the spouse tax offset you can still open an account for your spouse.

It’s simple to open a Marketlink account, simply complete the Application form and forward this, including the initial contribution of $100, payable to Local Super.