Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [superannuation]

38 questions
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Personal Contribution to Superannuation Plan

I am from Australia and have a question regarding retirement planning. I am trying to make a decision if I should start making after tax contributions to my Super to match my employer contribution. I have 32 years till I reach retirement which is 67…
ArunM
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Superannuation: When low risk options have higher return, what to do?

I have heard many times that if you are a young worker who still has many many years ahead of you before you retire, you should choose a relatively high risk/return investment option for your super, because over the long term it yields more than a…
qoheleth
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4
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Australian superannuation - simple index fund investments with low fees

I am a relatively young student with a fairly low superannuation balance. I am not expecting any substantial new contributions to be made to my super any time soon due to my income being largely derived from non-standard employment. That said, I…
Bryce Thomas
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Is it wise to switch investment strategy frequently?

I am young and have many many years before retiring, so people always advise me to choose a high risk/growth strategy for my super. Ok, say i accept it, then my question is: Is it worth switching your super's investment strategy frequently according…
qoheleth
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3
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Personal contributions to Super as a freelancer

My question relates to this question: Personal Contribution to Superannuation Plan , except that the scenario is that I'm a freelancer - and I'm not sure what my yearly income will be. I've landed a contract that pays $600, including super, per…
dwjohnston
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Where is a useful comparison of Australian Superannuation schemes?

I'm a New Zealander that has previously worked in Australia long enough to have some superannuation there, but the political agreements that NZ has with Australia don't currently let me take my superannuation money with me now that I've left. I need…
Highly Irregular
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Withdrawing income from a self-managed super fund holding a rental property?

Do I need to sell my rental property (fully paid for) in my Super fund to start withdrawing from the funds on a monthly basis to live on at 60 years of age, or can I keep renting it and just access the rental income?
Lay
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1 answer

Investing Superannuation Australia

I am 31 and have just consolidated all my super funds in to my current provider. I have about $70,000 all up and it is getting topped up by about $10,000 pa. I feel like I should start managing this (probably always should have). I don't even know…
TheRealTy
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Australian retirement (super) for permanent residents leaving Australia permanently

I am an Australian permanent resident. I am considering leaving Australia permanently. Under Australian immigration laws, I would eventually no longer be an Australian permanent resident. I am interested in knowing the rules regarding access to…
Joel
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New super account does not show up on Tax office info

I have an old super with a fund which we will call FOO, I was generally dissatisfied with their performance and service, so when I started a new job, I change to their preferred super-annuation provider, which we will call BAR. When I moved to BAR I…
Frames Catherine White
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Risks in investing savings into retail superannuation in Australia?

What risks are there if I invest all my savings into retail superannuation? I'm still working part time, in my 60s, but would like to get a regular (pension type) income tax free, from investing in a big retail super scheme through a managed…
Rosie
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Can my wife claim a deduction for her personal superannuation contribution if she got the Parental Leave Pay?

My wife is self-employed and had a baby last year for which she claimed the Parental Leave Pay from the Federal Government (a bit over $10K over 18 weeks). She had to enter the amount in Item 1 - Salary or wages in her Tax Return. She also claimed a…
user9822
3
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1 answer

Why does the ATO have "unclaimed super", should I do something about it?

I am an Australian Citizen currently living in the UK. I logged on to the Australian Tax Office (ATO) website today an the ATO tells me i have unclaimed super. It's about $3000, and is exactly equal to the amount of super I had in my fund when i…
Frames Catherine White
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Optimising super contributions, with intent to buy a house

I want to check if my understanding here is correct: Here's my situation: I earn $135K + super, my wife earns basically nothing, she gets a scholarship which is not taxable income. I am a NZ Citizen on a SC444 visa, and she's from South Asia on a…
dwjohnston
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What are my options for cashing out or consolidating my Kiwisaver and Australian Super?

I am a New Zealand citizen who has been contributing to Kiwisaver for the last five years in New Zealand, and have since moved to Australia, where I am making Australian Super contributions here. I'm looking for a general overview of what all my…
dwjohnston
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