The money your employer pays into your super may not be enough to live a comfortable life in retirement. There are affordable and tax effective ways to grow your super so you can enjoy life when you finish working.
Let the government boost your super with co-contributions. Each year the government tops up thousands of super accounts through the co-contribution scheme.
An easy strategy that allows you to boost your super from your pre-tax salary and potentially pay less tax.
You can help boost your partner's super and enjoy a possible tax offset.
If you’re 55 or older and sell your home, you may be eligible to make a super contribution from the proceeds of the sale.
If you don’t use your entire pre-tax (concessional) contribution cap at the end of each financial year, you may be able to contribute the remainder in future financial years.
The government’s rules around the splitting of contributions allow members and spouses to split their super contributions between their accounts.
ASFA considers that a comfortable lifestyle in retirement means you can have an annual holiday in Australia, eat out, buy good clothes and own a reasonable car.
In less than five minutes you can find any super accounts in your name and consolidate them to your TelstraSuper account.
There are limits on the amount of pre and post-tax contributions caps you can make to your account.
Super is a compulsory savings vehicle that people sometimes take for granted. But super can also be a tax-effective way of saving for your future.
You can boost your super by making contributions from your take home pay or savings.