In what should be welcome news to Australians planning for their retirement, the amount we can contribute into superannuation is about to increase. This is because the super contribution caps (limits) are increasing.
Assorted superannuation blog articles. The articles may cover superannuation and pension rules, and rule changes, or just general commentary. This may be superannuation contribution limits, salary sacrifice benefits, discussion on investment options or a deep analysis of a superannuation fund provider.
Nothing written should be construed as personal advice, and due to constant rule changes, always check that any information provided is still valid.
Both concessional and non-concessional contributions are payments made to a superannuation fund, however they are taxed differently. There are also different contribution caps for each type.
If you have converted your superannuation accumulation account to a pension account then you must start making withdrawals from the pension account. This article details what the minimum pension payment rates are and how they differ depending on your age.
Salary sacrifice is a tax effective way to increase your superannuation balance. In essence it involves voluntarily sacrificing some of your salary into your superannuation account. This article highlights important things to think about, including advantages and disadvantages, before you salary sacrifice. Please note, this blog post covers salary sacrifice into superannuation; it…
Australia has a great superannuation system. In fact it is arguably the best in the world. Unfortunately many Australians do not know how good it is, so this article is going to highlight some of the benefits.
Conventional wisdom dictates that your portfolio should be diversified, but as this article suggests, a ‘Diversified Fund’ may not be the best way for you to achieve diversification.