Superannuation is one of the best ways to save for retirement given that at the moment your employer must pay 9.5% (this will increase to 12% in the coming years) of your salary into your super fund. This could end up being a significant sum, given that most of our lives are spent working. There are also tax advantages and incentives from the government that make super one of the best ways to build funds for retirement.
With this in mind here are a few tips to make the most of super.
Sound Life & Superannuation Agencies Pty Ltd trading as Sound Life Financial Services is the Authorised Representatives of Synchron, AFS Licence No. 243313.
The information contained in this article is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.
Sound Life & Superannuation Agencies Pty Ltd trading as Sound Life Financial Services are
Corporate Authorised Representatives of Synchronised Business Services Pty Ltd
ABN: 33 007 207 650 trading as SYNCHRON
Principal address: Level 1, 65 Palmerston Crescent, South Melbourne Vic 3051
Australian Financial Services License Number: 243 313