Tips to help your super last longer
Once you’ve retired it’s normal to worry about whether your retirement savings will be enough, but with a few simple strategies you can stretch your nest-egg a little further.
Reversionary pensions: What they are and how they work
Having your super pension automatically revert to an eligible beneficiary is an easy way to ensure your wishes are followed without the trustee’s involvement.
Why financial literacy is vital for a good retirement
Good financial literacy and understanding how to manage and invest your nest-egg is an essential skill when it comes to navigating the complexity of creating a steady retirement income.
Diversification and your SMSF: Why and how to do it
Diversifying your portfolio is a key task when it comes to investing and it’s a vital one for your SMSF as it can reduce risk and smooth investment returns.
How myGov can help you keep track of your super
Keeping track of your super can be time-consuming and difficult, but linking the ATO’s online services to your myGov account makes it easier – and secure.
What is myGov and how do I use it?
Dealing with government agencies these days means going through myGov. So, if you want help with your super or tax affairs, it’s time to set up your account.
5 strategies to help fix your total super balance problem
As your Total Super Balance impacts your eligibility to make certain super contributions, it’s vital to monitor it regularly when considering your options.
How redundancy and retirement impact your employees’ super
Working out termination and super payments for a departing employee can be confusing, but be careful not to provide them with financial advice.
How do reportable employer super contributions (RESC) work?
As if employers don’t have enough to do, they also need to notify the ATO of any reportable employer super contributions they make for their employees.
Tax in SMSFs and regular super funds: How do they differ?
All super funds pay the same tax rate, but there are differences in the ability of SMSFs and large super funds to manage their tax liabilities for the benefit of members.
Getting financial advice? What your adviser needs to provide
When you see a financial adviser, there are rules covering the documents and information provided to ensure the advice you receive is in your best interests and you can make good decisions.
Countdown to retirement: Tips to help kickstart your retirement plans
Working out your retirement plan isn’t just about how much money you need. There are lots of other issues to consider when you’re planning life after work.
Creating effective salary sacrifice arrangements with your employees
A salary sacrifice arrangement with your employee needs to meet certain rules if you want to avoid problems with the ATO later on.
Are you paying your super contributions on time? Deadlines for employee contributions
When you make super contributions for your employees, ensure you pay by the deadline – or risk having to pay a penalty to the ATO.
What are the penalties for failing to meet employer super obligations?
Failing to report and pay your SG obligations can result in hefty penalties from the ATO, so ensure you meet your quarterly responsibilities.
Choosing a default fund for your employees
When you make SG contributions, some of your employees won’t have a super fund, so it will be up to you choose a default super fund for them.
Managing capital gains in your SMSF portfolio
Capital gains are an investment goal, but they leave you with a tax liability, so it’s worth checking some of the strategies for cutting your CGT bill.
Life insurance through super: A definitive guide
Holding death cover through your super fund can be a cost effective way to protect your family and financial dependents and to help pay off your debts if you die.
