Super Contributions

If you’re hoping to retire comfortably, making contributions into your super could be a great way to try to boost the amount of money you have to live off after you finish working. What’s more, the sooner you start, the greater the impact could be. Let’s take a look at the ins and outs of super… Continue reading Super contributions Read More

The spouse contributions tax offsetIf your other half is a stay-at-home parent, working part-time or out of work, find out how adding to their super could benefit you both financially. If your spouse (husband, wife or de facto) is a low-income earner or not working at the moment, chances are they’re accumulating little or no super… Continue reading Spouse super contributions Read More

If you’ve made or are making an after-tax contribution into your super, you may be able to claim a tax deduction at tax time. Did you know, most working Australians can claim a tax deduction on after-tax super contributions they’ve made (such as when you transfer funds from your bank account into your super fund)?  How do… Continue reading Tax-deductible super contributions Read More

Salary sacrificing into super involves reducing your take-home pay to put more money away for your retirement. See what you need to know. 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… Continue reading Salary sacrificing Read More

While you generally can’t access your super until retirement, there are some specific circumstances where the law allows you to draw on your super early. These conditions can be summarised as:Compassionate groundsTerminal medical conditionPermanent incapacitySevere financial hardship Before applying to access your super under early release provisions, you should consider:consulting your financial adviser and/or Centrelink to confirm… Continue reading Accessing my super early Read More