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.

Cashing in on the co-contribution rules (2015/2016 year)

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Note: This article explains the co-contribution rules for the 2015/2016 year (and later in the article, also for the 2014/2015, 2013/2014, 2012/2013 and 2011/2012 years). The federal government is giving away money to anyone who makes a non-concessional (after-tax) contribution to their super … [Read more...]

Super concessional contributions: 2015/2016 survival guide

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Superannuation contributions can be divided into two types — concessional (before-tax) and non-concessional (after-tax). Each type of super contribution is subject to a contributions cap. A contributions cap sets a limit on the amount of contributions you can make in any one year. This article … [Read more...]

Your 2015/2016 guide to non-concessional (after-tax) contributions

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Non-concessional superannuation contributions are more popularly known as after-tax contributions. You may even hear them called ‘undeducted’ contributions. Such super contributions are subject to a contributions cap, which sets a limit on the amount of non-concessional (after-tax) contributions … [Read more...]

Age Pension: March 2015 rates now apply

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Note: This article explains the latest Age Pension rates, applicable until 19 September 2015. The Age Pension rates are indexed twice-yearly, with the next adjustment taking effect from 20 September 2015. If you are seeking information on the changes to the Age Pension assets test rules announced in … [Read more...]

Age Pension: Assets test thresholds from 1 July 2015

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Note: This article explains the latest Age Pension assets thresholds, applicable from 1 July 2015 until 19 September 2015. If you are seeking information on the latest Age Pension rates see SuperGuide article Age Pension: March 2015 rates now apply. If you are seeking information on the  changes to … [Read more...]

Age Pension: More Australians entitled to payments from 1 July 2015

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In March, July and September of each year, the federal government changes the rules for claiming the Age Pension… for the better! Currently, the Age Pension income test and the Age Pension income test are adjusted three times a year in line with increases in the Consumer Price Index. Effective … [Read more...]

300,000 retired Australians to lose some or all Age Pension entitlements

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UPDATE: The changes to the Age Pension assets test have now passed both houses of parliament. The successful passage through parliament was due to the Greens supporting the changes. The ALP opposed the changes, which were announced by the Australian Liberal government in the May 2015 Federal Budget, … [Read more...]

Age Pension: Income test thresholds from 1 July 2015

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Note: This article explains the latest Age Pension income test thresholds, applicable from 1 July 2015 until 19 September 2015. If you are seeking information on the latest Age Pension rates see SuperGuide article Age Pension: March 2015 rates now apply. If you are seeking information on the  … [Read more...]

Age Pension assets test changes: Comments from readers

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UPDATE: The changes to the Age Pension assets test have now passed both houses of parliament. The successful passage through parliament was due to the Greens supporting the changes. The ALP opposed the changes, which were announced by the Australian Liberal government in the May 2015 Federal Budget, … [Read more...]

Australian income tax rates for 2015/2016 and 2014/2015 years

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The tax rates applicable for the 2015/2016 financial year, and for the 2014/2015 financial year are set out in the tables below. We have also included the tax rates for the 2013/2014, 2012/2013 and 2011/2012 years at the end of the article, for your reference and convenience. Note: If you’re Age … [Read more...]