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What government co-contribution would be entitled too

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Problem 1: Huhana is aged 29 and works part-time, earning $49,000 per year. She is aware of the importance of saving for her retirement and has $1,600 set aside that she is wanting to contribute to her superannuation fund. If she contributes the $1,600 as a non-concessional (after-tax) contribution, what Government co-contribution would she be entitled too?

A. $0
B. $194.60
C. $305.40
D. $500
E. $800

Reference no: EM132908780

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