What is Superannuation? Essentially it is a vehicle in which you build assets that will provide an income for you in retirement, like having a big savings account but with tax advantages. When you retire you can withdraw your money or roll it over into an allocated pension fund. This enables you to start drawing a pension from your fund. For most retirees this payment is usually tax-free.
Fed up with your super’s being everywhere?
In today’s society, the everyday Australian changes jobs and careers more often than ever before. It is therefore important to have a personal super plan that moves with you throughout your working life – and into retirement – if and when you leave your current employer. This ensures it keeps your super uncomplicated and has the following benefits:
- One access point and easy to understand super statement.
- No extra paperwork or headaches if you change jobs.
- Your super is maximised and remains invested at all times.
- You can contact us at Azure any time to discuss your super and other financial needs
Superannuation Strategies to consider
- Consolidate your super -It’s much easier to keep track of your money if it’s in one account and, you’ll probably pay less fees.
- Make before-tax contributions, for many people, saving through super is much more tax effective than saving the same amount outside super.
- There can be Tax rebates for additional spouse contributions
- Government Co-contributions can top up your super
- Think long term and think for Growth
- Be aware of limits- there are limits on the amount of before tax and after tax contributions you make each year.
Lost your super?
As long as you know your tax file number, you can use the ATO’s Super Seeker at www.ato.gov.au.
Is your superannuation performing as well as it should be? Do you need your first super plan or would you just like a review? Contact us at 1300 1AZURE or click here for our contact form.
Professional Investment Services Pty Ltd
ABN 11 074 608 558 | AFSL 234951
Head Office
Level 14, Corporate Centre One
Cnr Bundall Road & Slatyer Avenue, Bundall, QLD 4217
T: (07) 5574 0244
F: (07) 5574 0180
E: info@profinvest.com.au
GENERAL ADVICE WARNING
The information provided on this website has been provided as general advice only. We have not considered your financial circumstances, needs or objectives and you should seek the assistance of your Professional Investment Services (PIS) Authorised Representative before you make any decision regarding any products mentioned in this communication. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Professional Investment Services nor its related entities, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information.
