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Superannuation Articles

Relevant Superannuation articles and tips

Jodie Humphries

Personal Finance Editor

Who can help you manage your superannuation?

Managing your superannuation can seem complex, which is why some Australians choose to get professional help from a financial planner. But it’s also possible to manage a lot of your superannuation yourself.

Superannuation

06 Feb, 2023

7 min read

Who can help you manage your superannuation?
Jodie Humphries

Personal Finance Editor

What are the conditions of release for your super?

Superannuation’s primary purpose is to ensure a comfortable post-work lifestyle, which is why the rules associated with how and when you can access your super are stringent.

Superannuation

02 Feb, 2023

5 min read

What are the conditions of release for your super?
Alex Ritchie

Personal Finance Editor

How do you calculate superannuation?

To calculate your superannuation, you will need to know two things: your current pre-tax income and the current rate for the super guarantee.

Superannuation

30 Jan, 2023

3 min read

How do you calculate superannuation?
Jodie Humphries

Personal Finance Editor

What is the average superannuation balance by age?

Many Australians worry about a comfortable retirement but often aren’t sure how much they should save. Your superannuation balance will be essential to ensure your comfort in the post-retirement years.

Superannuation

25 Jan, 2023

4 min read

What is the average superannuation balance by age?
Mark Bristow

Personal Finance Editor

Why is my super going down?

The balance in your superannuation account generally rises over time as you accumulate contributions from your employer. However, super fees and changing investment performance can lead to dips in your super balance. 

Superannuation

25 Jan, 2023

3 min read

Why is my super going down?
Vidhu Bajaj

Personal Finance Writer

How does a superannuation proceeds trust work?

You can create a super proceeds trust through your will to ensure that your nominated beneficiaries receive your super death benefits without owing tax.

Superannuation

23 Jan, 2023

4 min read

How does a superannuation proceeds trust work?
Jodie Humphries

Personal Finance Editor

What are the pros and cons of annuities in Australia?

If you’re looking for a way to invest that will guarantee a fixed income after retirement, you may consider an annuity. It’s a good idea to know the advantages and disadvantages of annuity products before you purchase one.

Superannuation

23 Jan, 2023

3 min read

What are the pros and cons of annuities in Australia?
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

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?