New increased super contribution caps

New increased super contribution caps

New increased super contribution caps As the end of the financial year approaches, some investors are considering the most effective ways to boost their super balance, especially with increased super contribution caps from 1 July. The concessional contributions cap,...
How will you use your super?

How will you use your super?

How will you use your super? We spend decades watching our super balances grow but for those thinking about retirement in the next few years, it can be confusing to work out how best to use your super. Here are some of the considerations for the popular options....
Catch up on super to boost retirement savings

Catch up on super to boost retirement savings

Catch up on super to boost retirement savings If you’ve had irregular or interrupted income in the past, you might have missed out on opportunities to contribute to super and boost your retirement savings. If you don’t fully utilise your concessional cap, and you’re...
Tax and the super after-life

Tax and the super after-life

Tax and the super after-life Many people assume there is no tax payable on super benefits received after someone passes away, but that’s not always the case. Whether or not tax is paid on a super death benefit depends on the beneficiary’s relationship with the...
5 ways to boost your super

5 ways to boost your super

5 ways to boost your super Did you know it’s likely you’ll spend up to two decades or more in retirement? It’s a long time, so will you be able to afford all the things you’ve thought of doing in retirement before your savings run out? By starting now and making...
Boosting super with a lump sum

Boosting super with a lump sum

Boosting super with a lump sum If you’re lucky enough to have received a windfall, perhaps an inheritance or a retrenchment payout, your first decision will be what to do with it. Assuming you have decided against a shopping splurge, finding the best place to invest a...