Superannuation Articles

Relevant Superannuation articles and tips

Jodie Humphries

Personal Finance Editor

What does illegal early release of super mean?

Illegal withdrawal of super involves taking money out of your super fund without meeting the conditions of release and could end in a penalty.

Superannuation

19 Jan, 2023

4 min read

What does illegal early release of super mean?

Jodie Humphries

Personal Finance Editor

Understanding how the Age Pension and superannuation are related

How does the money in your super account affect the income and assets test to qualify for the Australian Government Age Pension? You need to know the rules to understand how superannuation affects the Age Pension.

Superannuation

19 Jan, 2023

3 min read

Understanding how the Age Pension and superannuation are related

Jodie Humphries

Personal Finance Editor

Your SMSF electronic service address

To deposit superannuation contributions into your self-managed super fund (SMSF), your employer must use SuperStream – a standardised process created by the government of Australia. Your SMSF needs an electronic service address (ESA) for SuperStream transactions.

Superannuation

19 Jan, 2023

2 min read

Jodie Humphries

Personal Finance Editor

What’s the difference between industry and retail super funds?

When you’re looking for a superannuation fund, you will find various types. How do industry super vs retail funds compare and which will suit you better?

Superannuation

19 Jan, 2023

4 min read

What’s the difference between industry and retail super funds?

Jodie Humphries

Personal Finance Editor

What is annual leave loading and can I benefit from it?

You may be eligible for an additional payment on top of your wages on the days when you are on annual leave. Find out whether annual leave loading can help you.

Superannuation

19 Jan, 2023

3 min read

What is annual leave loading and can I benefit from it?

Jodie Humphries

Personal Finance Editor

How does a lump sum superannuation payment contribute to building a larger balance?

Making additional contributions to your super could help you build a larger balance that gives you a better life in retirement.

Superannuation

18 Jan, 2023

4 min read

How does a lump sum superannuation payment contribute to building a larger balance?

Vidhu Bajaj

Personal Finance Writer

When can I apply for withdrawing superannuation benefits?

You can typically apply to withdraw super benefits only once you reach your preservation age and meet a condition of release, but there may be restrictions involved.

Superannuation

18 Jan, 2023

5 min read

When can I apply for withdrawing superannuation benefits?

Vidhu Bajaj

Personal Finance Writer

When do I need an approved deposit super fund account?

An approved deposit super fund account can be used to deposit employment termination benefits after changing or losing your job and held for retirement.

Superannuation

18 Jan, 2023

4 min read

When do I need an approved deposit super fund account?

Vidhu Bajaj

Personal Finance Writer

What is the super guarantee charge?

The ATO levies the super guarantee charge (SGC) on employers if they fail to pay an employee’s super guarantee on time and to the correct fund.

Superannuation

18 Jan, 2023

4 min read

Vidhu Bajaj

Personal Finance Writer

What you need to know about SMSF compliance

If you have a self-managed super fund (SMSF), you must comply with certain rules. Find out what you need to do to manage your SMSF compliance requirements.

Superannuation

11 Jan, 2023

4 min read

What you need to know about SMSF compliance

Vidhu Bajaj

Personal Finance Writer

How much can I salary sacrifice into my super fund?

When you salary-sacrifice into your super fund you make a concessional contribution taxed at a lower rate, unless you exceed the cap available to you.

Superannuation

10 Jan, 2023

3 min read

How much can I salary sacrifice into my super fund?

Vidhu Bajaj

Personal Finance Writer

How does the Protecting Your Super Package impact my super fund account?

The Protecting Your Super reforms help ensure that you don’t lose super benefits paying for insurance premiums and fees, especially if your balance is low.

Superannuation

09 Jan, 2023

4 min read