Getting your super sorted
Retirement may seem like a long way off, but putting money into super now is still a tax effective way to invest your money. That’s because some types of contributions you make and the investment earnings on those contributions, are taxed at concessional rates. For most people its paying only 15% tax inside super vs 32%+ for any investments outside super – so its easy to see why its so important to make the most of your superannuation.
Not only is super a tax effective way of saving and investing, but you can also benefit from the effects of compounding returns.
Common questions to consider
Some questions you may wish to consider include:
- Are there benefits in consolidating my super funds?
- How can I check whether I have any lost super?
- When should I start contributing?
- Should I salary sacrifice?
- Are there benefits if I contribute for my spouse?
- When should I think about topping up my superannuation?
- Can I take advantage of the Government’s co-contributions?
How Wilson Advisory can help
We can:
- Review the performance of your current super fund in relation to your goals
- Make recommendations based on your goals and circumstances
- Recommend alternative fund providers – ensuring you have an appropriate fund for your needs and goals
- Review any insurance opportunities including buying insurance through your superannuation fund
What to do next
If you want us to help you get your super sorted contact us today.