November 2018 newsletter

Free money from the government is pretty rare. But one of the simplest ways is by investing a few extra dollars into your super account to score a co-contribution payment.

SuperGuide has put together a list of useful tips and strategies to consider implementing in each decade. And don’t wait until just before retirement. If you do, you will miss out on the valuable benefits of compound interest.

Take the following 10 question quiz to test your knowledge on boosting your super with superannuation contributions.

The bring-forward rule represents an important opportunity to put more money into your super account in a particular year if you receive an inheritance or are getting close to retirement. Here’s a simple guide to how it works.

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.

From 1 January 2020, your salary sacrificed super contributions can’t be used by your employer to reduce their SG payment obligations, regardless of the amount you elect to salary sacrifice.

Brush up on the super lexicon with our extensive glossary: 15% pension offset: A 15% pension tax offset is available against your assessable pension income if you use your super money to purchase a pension income stream. This tax offset will reduce your tax liability. Account-based pension: A regular retirement income stream that you can […]

Topping up your spouse’s super account can be an easy way to build the nest egg you have to share during your retirement. Here are two easy ways to boost your spouse’s super balance.

If you have an issue with your super fund, there are steps you can take that will lead to the best chance of resolution.

When couples divorce, super is often overlooked in favour of more readily accessible assets. While that’s understandable, ignoring super can result in serious financial disadvantage in the long term. Get the lowdown on what happens to super in the event of a relationship breakdown.

Knowing how much tax you’ll pay when you withdraw your super savings is important and the rules change once you reach age 60.

Ceasing employment after you reach the age of 60 is a “condition of release”, or one way you that you can access your super in Australia. Ceasing employment means leaving a job, even if you get a job with another employer.

Despite a partial rebound in April, all lifecycle fund age cohorts have had negative returns for the financial year to date. Younger members with higher exposure to risk assets have borne the brunt of the downturn, while older members with a more defensive asset allocation have been cushioned from the worst of the falls.