Retirement may seem like a long way off, but putting money into superannuation 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. Putting money into your super is a good way to save and invest because you can benefit from the effects of compounding returns.
Before getting started with our consultants, it is important to take your entire financial picture into consideration. Here are some common questions to consider.
- When should I start contributing?
- Should I salary sacrifice?
- Are there benefits if I contribute for my spouse?
- Are there benefits in consolidating my super funds?
- How can I check whether I have any lost super?
- When should I think about topping up my superannuation?
- Can I take advantage of the Government's co-contributions?