How super works

This section covers the most popular questions on how superannuation works, including how to find lost super, how super works, how much money is enough, and simple step-by-step superannuation guides.


Below are some of our key How super works articles:

Set out below are all SuperGuide articles explaining How super works.

Superannuation Guarantee: Do we have to pay SG for overseas workers?

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Q: We have a girl working for us who is on an English working visa. She doesn’t have super at home in England but do we have to pay her super while she is working for us? If yes, how do we go about it? Do we put it into a special super fund that she can then transfer over to her English one, when … [Read more...]

Super for beginners, part 4: My son’s super account is bleeding fees

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Q: Hi, I am inquiring on behalf of my son who is unable to work at this stage of his life. It has been three years since he worked. He doesn’t have much in his super fund and it is going down every year. Is there any way to stop the bleeding of his funds? I will be ever grateful if you could … [Read more...]

Superannuation Guarantee: What is the maximum SG employers must pay?

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Q: I am earning a salary of $270,000 including super. I am aged 42. I understand a maximum contribution level applies based on a 9.5% SG contribution, before the balance up to $30K limit can be made on a salary sacrifice basis. Can you please confirm what the maximum SG contribution is allowed to be … [Read more...]

Financial freedom: Retirement planning in six steps

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How much money do you need in retirement to live a lifestyle free of everyday money worries? For many Australians, this means a lifestyle where you can pay your bills without financial stress, you can enjoy an occasional holiday (or many!), you can maintain your car and house, and you can buy gifts … [Read more...]

Super for beginners, part 18: My employer hasn’t paid my SG. What can I do?

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Q: What steps can I take to ensure my employer contributes all that I am owed to my super fund? I have been asking my employer for the last 3 to 4 months about putting my super contributions into my super fund, as they have not done so since I started working there about 1.5 years ago. I only … [Read more...]

Financial advice: Only 47 independent financial advisers in Australia

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Note: This article is updated regularly when new financial advisers join the independence club (latest update January 2015). A financial adviser does not have to be a member of the IFAAA to join the SuperGuide list, provided they can declare that they satisfy the requirements of being an independent … [Read more...]

Super for beginners, part 21: You know where your super goes, right?

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Q: How do I find out where my super contributions end up? What I mean is, how do I find out the name of my super fund? A: Your question is a popular one in Australia, even though super fund members receive member statements from their super funds every year. Know the name of your super fund If … [Read more...]

Upper limit on SG contributions (for 2014/2015 and previous years)

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Note: This article explains the maximum superannuation contribution base for the 2014/2015 year, 2013/2014 year and previous years. The maximum superannuation contribution base is used to determine the maximum Superannuation Guarantee (SG) contribution that an employer is required to make under … [Read more...]