Superannuation Contributions

The difference $20 a week can make

It is amazing what a difference a small amount of additional superannuation savings can have. The earlier the personal contributions are made, the greater the total benefit at retirement can be.

For example, a 20 year-old employee that makes an extra weekly contribution of $20 can add up to an extra $84,458 if they retire at age 65. An extra $40 adds up to $168,915.*

If your personal superannuation contributions are after-tax contributions, then you may even be eligible for the Government co?contribution scheme, as long as your taxable income is under $61,920 p.a. (09/10 financial year). This means if personal contributions of up to $1,000 are made, the Government will match this with a co?contribution of up to $1,000 depending on your income level.

It is easy to regularly invest

There are many investment vehicles to choose from today when thinking about where to place your superannuation. With so much choose, it can be confusing and consuming to determine what best suits you. The answer. Choose a platform that offers maximum flexibility and maximum choice of investment diversification and investment types. A flexible platform enables you to access in the one vehicle:

  • multi-manager funds
  • the top 300 listed shares on the Australian Securities Exchange (ASX)
  • term deposits and cash
  • listed investments (including listed investment companies, exchange traded funds and warrants)
  • Separately Managed Accounts (SMAs)

With the right advice and commitment to making a difference to your superannuation balance, you can be well on the way to a comfortable and secure retirement.