Superannuation is the primary method of funding retirement for many Australians and is a tax effective investment vehicle to grow your money for this purpose. Planning for retirement and making contributions during your working life will enable you to take advantage of compounding investment earnings which will ultimately boost your Super balance at retirement. It is also important to ensure your Super Fund is right for you and your investment strategy (the manner in which your Super is invested) meets your financial goals and your tolerance to risk. Following are some ways to contribute to Super before the end of the financial year.
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