With so many recent changes to super, we’ve compiled this handy list of the rates, caps and thresholds that now apply.
Set out below are all SuperGuide articles that relate to How super works.
Getting the government to top up your super account can be easy way to boost your retirement savings. Here’s an easy guide to the tips and traps.
After much haggling, the Government’s latest package of super reforms aimed at tackling high fees and low performance has passed through parliament.
Pension payment relief extended for another year, Super bills pass, Retirement costs rise, March super stats show super increase, Running out of money in retirement major concern for retirees, Magellan launches fund with reserving strategy.
In your late 60s, you may need to meet a work test before making contributions into your super account. Here’s the current rules and what they mean for you.
The government’s First Home Super Saver (FHSS) Scheme can be a handy tool when you are saving for your first home. But it’s not for everyone.
If you downsize your home, putting some of the proceeds into your super can help feather your retirement nest.
UniSuper set to open fund, AustralianSuper and Club Plus Super in merger talks, COVID-19 early access scheme primarily used to pay bills, Your Future Your Super changes, Government to regulate proxy advisers, New aged care help service, FSC focus on affordable and accessible advice
Tracey Spicer talks to industry experts, including Noel Whittaker, Stephen Huppert and Bina Brown, as well as Professor Susan Thorp and representatives of the SMSF Association, FPA, FSC, Super Consumers Australia and Women in Super about their takes on the 2021 Federal Budget.
Removing SG’s $450 per month threshold and the work test, Enhancing the FHSSS, Downsizing and the Pension Loans Scheme.
The Low and Middle Income Tax Offset (LMITO) helps low and middle income earners lower the amount of tax they need to pay. Because it is a tax offset, it can only be used to lower the amount of tax that you owe and not to generate a tax refund or pay your Medicare Levy.
The Personal Income Tax Plan which provides targeted tax relief over seven years for low and middle income earners and protects middle income Australians from bracket creep consists of three steps.
The past financial year has been a turbulent one, so it’s a good idea to start getting your super and tax affairs ready for 30 June. Here’s our top 10 super tips.
The idea that young Australians should be able to dip into their super to help buy their first home keeps going round and round. The most recent iteration put forward by the Coalition’s Tim Wilson and a clutch of other backbenchers has the catchy slogan Home First, Super Second.
Your Future, Your Super legislation attracts industry criticism; Top postcodes revealed for lost and unclaimed super; ASFA argues accessing super would make housing affordability worse, not better; new research dismisses the idea that retirees die with most of their super untouched; Huge gender gap in super concessions; ASIC’s mea culpa on SMSF costs; AMP appoints its first female chief.