In this guide
- 1. Slash your income tax bill
- 2. Avoid having a medical for insurance
- 3. Ensure your money goes where you want
- 4. Pay less tax on your investment returns
- 5. Cheaper insurance cover for members
- 6. Protection against bankruptcy
- 7. Free money from the government
- 8. Tax-free income in retirement
- 9. Continuing insurance cover
- 10. Ability to invest in bigger assets
With inflation and cost of living on the rise, it makes sense to look out for free benefits wherever you can get them.
An often overlooked source of freebies and perks to stretch your money further is your super account.
Some super funds offer special deals to their members but whichever fund you are belong to, there are at least 10 valuable benefits that are worth checking out as they can really help boost your financial position.
1. Slash your income tax bill
One of the top benefits provided by your super account is that it’s a simple way to reduce the amount of income tax you pay each year.