Pick up a newspaper, turn on the radio, watch TV, go online – wherever you look or listen, superannuation has been constantly in the spotlight lately.
While there has been much discussion of possible changes to superannuation in the future, one thing remains certain – super is, and will remain, one of the key methods for Australians to save for retirement.
Because super is such a crucial part of most people’s plans for retirement it is important to ensure that you are doing all you can to maximise the benefits superannuation offers. An excellent place to start is by conducting an annual review of how much is going into your super, and, most importantly, whether this amount best meets your saving and investing needs – without incurring unexpected and unnecessary taxes. Continue reading Time to review your super contribution caps and transition to retirement pension