Monthly Archives: April 2018
What You Need to Know About Salary Sacrifice
Under superannuation law, your employer is required to pay the equivalent of at least 9.5% pa of your salary into your superannuation fund. You may also decide to contribute more of your salary to top up your superannuation balance and prepare for your retirement. You can choose to increase your contributions to super using your pre-tax […]
Read more...Multiple super accounts and you
Regardless of your age, one of the ways to help you grow your wealth and prepare for retirement is to take an active interest in your superannuation sooner rather than later, especially when considering the impact that having multiple superannuation accounts may have on your end ‘retirement nest egg’. You’ll notice from your superannuation statement, that […]
Read more...Your Annual Super Statement
Your statement is often a good touch point on how you’re progressing with your retirement nest egg. Regardless of your current stage of life, it’s important to review your statement, as superannuation plays a vital role in supporting you in retirement. Before you file your statement away this year, take some time to consider the following. […]
Read more...Superannuation: Revisiting the basics
Over the course of the last three decades there has been continual change regarding the rules governing superannuation. In recent times, some of the most significant changes have come from the proposed measures released in the 2016 Federal Budget, many of which took effect on 1 July 2017. For example: 1. The reduction in the concessional […]
Read more...