How do tax-deductible superannuation contributions work?
Making a tax-deductible super contribution can be a great way to boost your retirement savings. Find out whether they could be the right strategy for you.
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Barbara is a financial journalist and author with over 30 years’ experience in Australia and the UK. She is a contributor to The Sydney Morning Herald and The Age Money section, and has worked for the Australian Financial Review and The Australian.
Barbara is the author of Alan Kohler’s Eureka Report Guide to Personal Investing, Sorting Out Your Finances for Dummies and Personal Finance for Dummies and co-author of Investing for Dummies with James Kirby.
Making a tax-deductible super contribution can be a great way to boost your retirement savings. Find out whether they could be the right strategy for you.
Super is a very tax-effective vehicle for your retirement savings, but no-one said the taxation of super was simple. Here’s a quick overview of what you pay and when.
If you are looking to wind back working hours or boost your super in the lead-up to retirement, a transition-to-retirement (TTR) pension may be the answer.
Super often ends up being your biggest asset outside the family home, so it pays to understand how it works and then to keep tabs on it.
There are a series of hurdles you need to clear before you can access your super. The first is your age.
Cost of living pressures are expected to fuel growth in reverse mortgages as retirees look for ways to top up their income.
The amount of Age Pension you are eligible to receive in retirement is means tested, with super among the assets included. This is how it’s assessed.
There were some nail-biting moments along the way, but super funds put a smile on the dial of members in latest financial year with impressive returns for all risk categories.
A common question for Australians planning their retirement is if, and when, they will be eligible for the Age Pension.
Age Pension rates increase on 20 March 2024. This article also explains how the Age Pension works, and includes the latest Age Pension rates for residents, non-residents, and the transitional Age Pension.
When (and if) you retire is up to you, but there are rules around when you can access your super and the Age Pension.
Much has been happening behind the scenes at Australia’s large super funds, but one fund stood out for its strong performance across the board, becoming the first fund to win both Super fund of the year and Pension fund of the year.
Retirement took centre stage at the recent Chant West awards, in recognition that the primary function of super is to provide members with pension income. And the winner is…
SMSFs are a popular choice for people who want more flexibility and control over their retirement savings, but they’re not for everyone so be sure to understand what’s involved.
Planning for retirement as a couple offers opportunities to maximise your retirement income from super along with tax and estate planning benefits, but there can also be added complexity.
It’s been a long time coming, but more super funds are now, or soon will be, offering retirement products that reduce the risk of outliving your savings. Here’s what’s on offer.
SMSFs offer more control than other super funds, but strict rules apply. Follow our 9-step guide to ensure your fund complies with all your legal obligations from the outset.
Now that SMSFs can have up to six members, it makes it easier to bring the whole family into the super fold, but it’s important to look before you leap.
SuperGuide is Australia’s leading superannuation and retirement planning website.
Superguide Pty Ltd ATF Superguide Unit Trust as a Corporate Authorised Representative (CAR) is a Corporate Authorised Representative of Independent Financial Advisers Australia, AFSL 464629.