How Superannuation Works After Retirement in Australia

How Superannuation Works After Retirement in Australia Retirement is a significant milestone in life, and understanding how your superannuation works after you retire is crucial for a secure and comfortable life post-retirement. Understanding Superannuation Superannuation, often referred to as ‘super’, is a long-term savings arrangement designed to provide income for your retirement. The money in […]

Can Superannuation Be Left in a Will?

Can Superannuation Be Left in a Will? Planning for the future is a crucial part of financial health, and understanding how your assets will be distributed after your passing is a key aspect of that planning. One question we often encounter is, “Can superannuation be left in a will?” The answer isn’t as straightforward as […]

Can Superannuation Be Inherited in Australia?

Can Superannuation Be Inherited in Australia? Understanding Superannuation in Australia Superannuation, or “super”, is a retirement savings system in Australia. It involves a portion of an employee’s earnings being placed into an investment fund, which becomes accessible upon retirement. Can Superannuation Be Inherited? Yes, superannuation can be inherited, but there are strict rules and conditions […]

Can Superannuation Be Used to Buy Property in Australia?

Can Superannuation Be Used to Buy Property in Australia? Understanding Superannuation in Australia Superannuation, or “super”, is a retirement savings system in Australia. It involves a portion of an employee’s earnings being placed into an investment fund, which becomes accessible upon retirement. Can Superannuation Be Used to Buy Property? Yes, it’s possible to use your […]

Can Superannuation Be Withdrawn?

Can Superannuation Be Withdrawn? Understanding Superannuation in Australia Superannuation, or “super”, is a retirement savings system in Australia. It involves a portion of an employee’s earnings being placed into an investment fund, which becomes accessible upon retirement. When Can Superannuation Be Withdrawn? Superannuation is designed to provide income in retirement, which is why there are […]

Are Superannuation Funds Government Guaranteed?

Are Superannuation Funds Government Guaranteed? Understanding Superannuation in Australia Superannuation, or “super”, is a retirement savings system in Australia. Your employer generally makes employer contributions into your super fund, these contributions are invested into market linked investments and become available at retirement. Superannuation Guarantee Superannuation Guarantee (SG) is a government initiative that requires employers to […]

Are Superannuation Contributions Tax Deductible?

Are Superannuation Contributions Tax Deductible? Understanding Superannuation Contributions Superannuation is a long-term investment strategy designed to provide Australians with a nest egg for retirement. Contributions to your super fund can be made in several ways, including employer contributions, salary sacrifice, and personal contributions. Tax Deductibility of Superannuation Contributions The short answer is yes, certain superannuation […]

Understanding the Taxation of Superannuation Payments

Understand how the taxation of your superannuation payments work.

Superannuation

Superannuation Superannuation (Super) is Australia’s Retirement Savings System. It is designed to allow everyone to contribute throughout their working life to eventually use to fund retirement. Funds are generally invested into the share market and over time your balance benefits significantly from the income and capital growth. Adding funds into super There are a few […]