Superannuation Articles

Relevant Superannuation articles and tips

Peter Terlato

Personal Finance Editor

Is superannuation included in taxable income?

Superannuation (super) is a compulsory savings scheme. You do not need to report the super you’re paid when lodging your tax return each financial year. In order to understand why super is not considered taxable income, you’ll need to realise your tax obligations.

Superannuation

28 Nov, 2022

4 min read

Is superannuation included in taxable income?

Alex Ritchie

Personal Finance Editor

How much superannuation should I have?

The amount of superannuation you need to have at retirement is based on how much money you would expect to spend each week during your retirement.

Superannuation

28 Nov, 2022

5 min read

Peter Terlato

Personal Finance Editor

Am I entitled to superannuation if I'm a contractor?

For most Australian workers, your employer is required to make superannuation contributions on your behalf to a super fund of your choosing. These contributions are known as the super guarantee (SG). Find out whether contractors considered employees for super purposes.

Superannuation

24 Nov, 2022

3 min read

Am I entitled to superannuation if I'm a contractor?

Alex Ritchie

Personal Finance Editor

Can I transfer money from overseas into my superannuation account?

You may be wondering if you can transfer your earnings into your Australian superannuation account. The good news is that yes, you can transfer money into your super, but there are certain conditions you will need to meet.

Superannuation

24 Nov, 2022

3 min read

Can I transfer money from overseas into my superannuation account?

Alex Ritchie

Personal Finance Editor

How long after divorce can you claim superannuation?

You can file a claim for division of superannuation as soon as you divorce. However, the claim has to be filed within one year after the divorce for married couples, and up to two years from the date of separation for de facto couples.

Superannuation

23 Nov, 2022

3 min read

How long after divorce can you claim superannuation?

Alex Ritchie

Personal Finance Editor

What superannuation details do I give to my employer?

When you start a job, your employer will request you provide the details of your chosen superannuation fund. To do so, you will need to fill out what’s called a ‘superannuation standard choice form’, and provide some personal details.

Superannuation

23 Nov, 2022

3 min read

What superannuation details do I give to my employer?

Mark Bristow

Personal Finance Editor

How much superannuation should you have at age 40?

The amount of superannuation you should have at age 40 will depend on how much money you want to have at retirement. That, in turn, will depend on how much money you expect to spend each week during your modest retirement or comfortable retirement.

Superannuation

22 Nov, 2022

4 min read

How much superannuation should you have at age 40?

Peter Terlato

Personal Finance Editor

How do you calculate superannuation from a total package salary?

When you start a new job, your employment contract will stipulate whether your income is inclusive of super or your super is paid in addition. If your income is inclusive of super, it will be taken out of what you earn, reducing your take-home pay.

Superannuation

22 Nov, 2022

3 min read

How do you calculate superannuation from a total package salary?

Jodie Humphries

Personal Finance Editor

What you should know about applying for compassionate release of superannuation?

You can apply for early release of super on compassionate grounds either online or by mailing a paper application. Make sure to include the necessary documents.

Superannuation

18 Nov, 2022

3 min read

What you should know about applying for compassionate release of superannuation?

Jodie Humphries

Personal Finance Editor

When can you get the government super co-contribution for low-income earners?

If you earn less than the threshold income but make personal super contributions, you may qualify for a government super co-contribution for low-income earners.

Superannuation

18 Nov, 2022

3 min read

When can you get the government super co-contribution for low-income earners?

Jodie Humphries

Personal Finance Editor

Can I add money to my superannuation?

You may want to add money to your superannuation account for retirement planning or tax savings. If so, you need to know the maximum that you can contribute from your pre-tax or after-tax earnings, so you don’t end up paying more tax.

Superannuation

18 Nov, 2022

4 min read

Peter Terlato

Personal Finance Editor

Am I entitled to superannuation if I'm not an Australian citizen?

If you’re an expat visiting and working in Australia, your employer may be required to make superannuation contributions on your behalf to a super fund of your choosing. Selecting the right super fund can make all the difference to your total savings.

Superannuation

18 Nov, 2022

5 min read