Retirement Realities: 5 Tips for Rebuilding a Super Future Australians will need to rebuild their superannuation and retirement savings, after withdrawing more than $36 billion in early super release payments in 2020, according to Colonial First State’s Retirement Realities Series. The research found that the largest number of early super payments were made to Australians […]
Category: Superannuation
Salary sacrificing into super – how it works Salary sacrificing into super is where you choose to have some of your before-tax income paid into your super account by your employer. This is on top of what your employer might pay you under the super guarantee, which is no less than 10% of your earnings, […]
If you’re feeling concerned about how the pandemic will affect your super balance, here are our tips to help protect and grow your super. What can affect my super balance? In Australia, your employer is required by law to pay a minimum percentage of your eligible income to a complying superannuation fund or retirement savings […]