Superannuation is one of the key ways to fund your lifestyle once you’ve stopped working, so it’s important to make sure you’ll have enough. A good way to boost your super savings while you’re still working is to consider tax-effective super strategies that can help you save more.

What could be more important than a comfortable retirement, enjoying the benefits of your hard-earned labour over the years?

Taking an active interest in your superannuation early is critical to ensuring you can achieve this goal. Even minimal personal contributions will make a significant difference to your retirement income. Having the right superannuation strategy in place today is absolutely essential to a comfortable retirement.

A comfortable lifestyle in retirement is dependent on factors such as life expectancy, accumulated assets and expectations. Employer contributions aren’t enough and you will have to consider making additional contributions.

Personal contributions to your superannuation can be made from your pre-tax salary (salary sacrifice) or from your post-tax salary. Note different taxation rules apply to each method of contribution. Depending on your financial situation, one may be better for you.

Provida Finance provides services relating to superannuation strategies that will help you achieve your financial goals.

Superannuation Articles

Are you over 30? You need to read this.

Superannuation is, and will continue to be, a hot topic in the financial advice industry. No matter what your age, once you begin your working life superannuation should be in the back of your mind, […]

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Salary Sacrifice: 3 ways you can benefit from it

Salary sacrificing is an effective way to make your super work even harder for you boosting your super savings while giving you valuable tax savings.

Additional money in super or home loan, which is better?

If you can afford to live off less than you are earning, making additional super contributions or home loan repayments could both be smart options. But which one’s better for you?