Join now
Log in
Home / How super works / Contributing to super / Q&A: Can I contribute to a grandchild’s super account?

Q&A: Can I contribute to a grandchild’s super account?

Garth McNallyGarth McNally

Q: Am I allowed to put money from my savings into my granddaughter’s super account?

A: It’s a great way, of course, to save for the kids. The one thing or the most common thing I hear is that the grandkids don’t really see it that way. They want to get their hands on the money when they can, not in 50 years’ time. But again, a nice gesture.

About the author

Garth McNally
Garth McNally
Garth has worked in the Australian Superannuation industry for over 20 years with a specific focus on self-managed super funds. He provides ongoing support and training to individuals as well as to professionals working in the superannuation area, including advisers, accountants and lawyers. He is a regular contributor to industry publications and to the leading professional bodies including Chartered Accountants Australia & New Zealand (CA ANZ).
Related topics,

IMPORTANT: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions. Comments provided by readers that may include information relating to tax, superannuation or other rules cannot be relied upon as advice. SuperGuide does not verify the information provided within comments from readers. Learn more

© Copyright SuperGuide 2008-25. Copyright for this guide belongs to SuperGuide Pty Ltd, and cannot be reproduced without express and specific consent. Learn more

Leave a Reply