Maxing Super Contributions before EOFY

Maxing Super Contributions before EOFY

The 2019/20 financial year is the first financial year in which you are able to use any unused concessional contributions cap from a previous year; known as the ‘carry forward rule’, so you could super boost your super balance this year.This extra contribution into...
Understanding Superannuation

Understanding Superannuation

What is Superannuation?Personal superannuation (often simply known as super) is money that’s put aside and saved and invested while you’re working, so you can enjoy a regular income later in life when you retire. These days, the average Australian may expect around 20...
Choosing a Superannuation Fund in 5 simple steps

Choosing a Superannuation Fund in 5 simple steps

Scenario:Imagine you are starting your very first job, you are probably nervous, excited and a little confused. You are asked to fill out all these forms and are probably googling words to make sure you are filling in the forms correctly. You get to the page where you...
What assets are your Super invested in & does it matter?

What assets are your Super invested in & does it matter?

When faced with the different investment choices for your Super what do you do?The governments MY Super option’s follow a lifecycle investment strategy, more risk when you are young and then more conservative as you get closer to retirement age.Typical mix for a...
Boost your Retirement by salary sacrificing your Super!

Boost your Retirement by salary sacrificing your Super!

Did you know that you can use funds from your salary before it gets taxed to make extra contributions to your super fund?By doing so you:Pay Less taxReduce your taxable incomeBoost your retirementOn top of your normal salary your employer will be making regular...
Keeping track of your lost super

Keeping track of your lost super

Find your lost super and get back on trackSource: ASIC’s MoneysmartYour super is your retirement savings, so it’s important to know what super accounts you have and how much is in them. Here we explain how to track down lost super, how to consolidate them and...