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Choosing a lifecycle option for your age group
If your super is invested in a lifecycle fund, or you are interested in exploring your options, SuperGuide’s new lifecycle comparison tool can help.
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How to compare super funds in 7 easy steps
If you are considering switching funds, or choosing a fund for the first time, comparing funds has never been easier.
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Indexed options in your super fund: Pros and cons
Index investment options are widely regarded as simple and low cost, but they’re not all created equal so it’s important to understand what you are getting.
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Super news for April 2026
Super wealth boost, Super consumer protections, Calls to move members to retirement phase by default, AI scams increase.
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Super fund performance: Monthly returns to August 2026
Super funds added to their gains in August, with share markets doing the heavy lifting despite worries about inflation and geopolitical tensions.
Upcoming webinar
2026 year-end superannuation tips and traps
Wednesday 13 May 2026 at 11:00 am AEST
Several superannuation changes take effect on 1 July this year, so ensuring you are in the best position to take advantage of these changes is essential.
In this webinar we will highlight year-end strategies and procedures to achieve the best outcomes from your superannuation this year and prepare for the year ahead.
IN CASE YOU MISSED IT
Watch our previous webinar, Division 296: The new tax on your super savings is now law!
Q&A of the month
Q: I understand that non-concessional contributions are not permitted where the total superannuation balance exceeds $2.0 million. I was not aware of this rule and made a non-concessional contribution in October 2025. If I withdraw the same amount within the relevant tax filing period, will this contribution still be subject to tax?
A: If your total super balance was $2 million or more on 30 June 2025, any non-concessional contributions made during the 2025-26 financial year will be deemed excess non-concessional amounts (above the contribution cap).
Excess non-concessional contributions attract tax on deemed earnings. The ATO will calculate the deemed earnings amount and this will be added to your other taxable income for the year, along with a 15% tax offset to account for the tax already paid on investment earnings within super.
The ATO will notify your excess contributions and the required steps after you complete your tax return for the year. You can then choose to withdraw the excess non-concessional contribution from super to avoid an additional penalty of 47% tax on the contribution. Making a withdrawal prior to the end of the financial year does not change the amount of tax that applies to deemed earnings or the obligation to make a withdrawal from super to avoid the additional penalty.
For more information see our explainers on total super balance and the transfer balance cap, 5 strategies to help fix your total super balance problem, and what to do if you exceed your contribution cap.
Tip of the month
Choosing to lock money away in super until you’re at least 60 can seem like a crazy idea when you’re young, but it could be one of the best financial choices you ever make. Find out the benefits of contributing early.
