Did you know…
Superannuation is one of many ways to save for your retirement, and it might be one of the biggest investments you’ll ever have. The difference with this investment though is its concessional tax treatment, with super having a tax rate on earnings of 15% or lower. In some cases, you can even claim a tax deduction or tax off-set on your contributions.
To get the most out of superannuation you need to have ‘super sense’. That is, you must understand how super will work in your particular circumstances. What’s more, you also have to keep up with the latest rule changes so that you can take the appropriate actions.
Are you entitled to a $1500 co-contribution from the Government? Do you understand the benefits of splitting super contributions? Are you paying more in superannuation fees than you need to?
This is where a Financial Planner can help you. They can advise you on tax-effective strategies that assist you to achieve your retirement goals. What’s more, as your needs change, a Financial Planner can ensure you remain on track to meet these goals. That makes super sense.
Take the 1 Minute Super Check to find out if you could be doing more with your super.
You’ve worked hard for your super, so now make it work for you.