Questions tagged [superannuation]
The superannuation tag has no usage guidance.
38
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How Safe and Legitimate is Just Sort My Super
I have had two calls this week from a Brisbane based company called Just Sort My Super (Just SMS). This was to review my superannuation and give a 'free' health check. Both calls were quite long and I'...
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How to calculate super amount?
What is the actual super amount if it is $2000 iclusive super? My friend says $190 is the super amount. I couldn't understand how?
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What does income inclusive or exclusive of super mean?
In Australia when a job add says the income is inclusive or exclusive of super what does that mean?
e.g. What is the difference between a job that says 55K inclusive of super vs 55K exclusive of ...
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Super contributions splitting
I came across contributions splitting recently. So my employer contributions go into my super account and I believe they’re taxed 15%.
If I choose to contributions splitting which is max 85% of ...
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Why does the ATO have "unclaimed super", should I do something about it?
I am an Australian Citizen currently living in the UK.
I logged on to the Australian Tax Office (ATO) website today an the ATO tells me i have unclaimed super.
It's about $3000, and is exactly equal ...
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ETFs/Index Fund vs Superannuation
newbie here.
My understanding says index fund and superannuation products are both funds that invest in stocks, commodities, bonds etc etc
For Index funds, an investor gets units for regular ...
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1
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79
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Optimising super contributions, with intent to buy a house
I want to check if my understanding here is correct:
Here's my situation:
I earn $135K + super, my wife earns basically nothing, she gets a scholarship which is not taxable income.
I am a NZ ...
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How does a break in contributions (eg. working holiday) affect superannuation over time?
I'd like to better understand how a break in superannuation contributions during a working holiday affects the long term balance.
Say I'm 35 years old and accumulated $100,000 AUD in Australian ...
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179
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Transfer from US 401k fund to Australian Superannuation fund
I worked in the USA for a number of years and have now relocated to Australia. I have balances in both US 401k fund (+ IRAs) and Australian superannuation fund.
It seems that the Australian ...
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0
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Transfer UK pension to AU super fund
Is it possible to transfer a UK pension fund over to an Australian Super fund?
I am a NZ citizen currently working in the UK. I will most likely move back to Australia in a year or two, where I ...
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2
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127
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How to find out where my superannuation is invested
I want to know more about where my superannuation money is being invested. When I log in to my account, it shows me which asset classes my money is invested in, and what percentage of my total ...
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Put savings in Shares or Superannuation
I am 25 and live in Australia. As such my employer must pay 9.5% of my wage into a superannuation retirement account.
I have and continue to save and currently have 18k in a savings account earning ...
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1
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366
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What exactly is an Indirect Cost Ratio?
The Australian Superannuation fund I use has no fixed annual fee, no percentage based management fee, and no investment fee.
(The fund is EISS - link to their Product Disclosure Statement here)
...
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3
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1
answer
162
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What are my options for cashing out or consolidating my Kiwisaver and Australian Super?
I am a New Zealand citizen who has been contributing to Kiwisaver for the last five years in New Zealand, and have since moved to Australia, where I am making Australian Super contributions here.
I'...
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1
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Saving for a house/saving in general vs putting my money in Super vs paying off my student loan
I'm at a point of my career where I'm starting to earn decent money and can put decent chunks away.
The question I have is mostly around whether I should max out my superannuation contributions in ...
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369
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How to contribute to my super account while a non-resident for tax purposes?
I'm an Australian who's residing overseas and I'm a non-resident for tax purposes who's sole source of income in Australian is interest on a savings account. I want to contribute to my super account ...
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Personal contributions to Super as a freelancer
My question relates to this question: Personal Contribution to Superannuation Plan , except that the scenario is that I'm a freelancer - and I'm not sure what my yearly income will be.
I've landed a ...
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SuperAnnuation - Investment Style
I am current 21 years of age and have a SuperAnnuation of $16,073.68 with BTSuper - $186.35 is invested per fortnight.
What I am looking for:
Given the fees listed below, my current contributions ...
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167
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Personal Contribution to Superannuation Plan
I am from Australia and have a question regarding retirement planning. I am trying to make a decision if I should start making after tax contributions to my Super to match my employer contribution.
I ...
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1
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Withdrawing income from a self-managed super fund holding a rental property?
Do I need to sell my rental property (fully paid for) in my Super fund to start withdrawing from the funds on a monthly basis to live on at 60 years of age, or can I keep renting it and just access ...
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Superannuation investment over 25 years
I'm wondering if anyone would have any idea, .. I had a small super account with a (major) Superannuation provider. I believe that it had a few thousand dollars in it. Now I come back and check ...
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Australian superannuation funds holding bitcoin? [closed]
I'd like to move some of my Australian superannuation into a fund which allows investing in cryptocurrencies such as bitcoin.
Do any such funds exist?
If no, how would I minimise the auditing fees ...
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1
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Investing Superannuation Australia
I am 31 and have just consolidated all my super funds in to my current provider. I have about $70,000 all up and it is getting topped up by about $10,000 pa. I feel like I should start managing this (...
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Australian retirement (super) for permanent residents leaving Australia permanently
I am an Australian permanent resident. I am considering leaving Australia permanently. Under Australian immigration laws, I would eventually no longer be an Australian permanent resident. I am ...
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Superannuation drawdown for non-resident
I'm an Australia citizen but not a resident. I worked there for ~10 years and have a considerable amount of money in my (compulsory) superannuation account. It's consolidated and relatively low fee, ...
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0
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392
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Is Superannuation fund held in Australia, taxed in India for Australian national residing in India?
If a person is an Australian national, residing in India (OCI) for past 3-4 years. Has a Superannuation Fund in Australia (Equivalent of a PF in India).
This Super Fund was created when the person ...
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1
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659
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New super account does not show up on Tax office info
I have an old super with a fund which we will call FOO,
I was generally dissatisfied with their performance and service,
so when I started a new job, I change to their preferred super-annuation ...
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2
answers
177
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How do I determine the performance of my retirement fund with regular monthly contributions?
My retirement fund [Australian Superannuation fund] can be checked at any time. The fund invests in shares, which can go up - or down. Money is going IN regularly [monthly].
At any given time, how do ...
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1
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132
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How should I research Super funds?
My current super fund is closing down so I need to choose a new one. How should I choose a new one, and what resources can I use?
If it matters, my current account is small (under $50K), and I'm not ...
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88
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Risks in investing savings into retail superannuation in Australia?
What risks are there if I invest all my savings into retail superannuation? I'm still working part time, in my 60s, but would like to get a regular (pension type) income tax free, from investing in a ...
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Australian superannuation - simple index fund investments with low fees [closed]
I am a relatively young student with a fairly low superannuation balance. I am not expecting any substantial new contributions to be made to my super any time soon due to my income being largely ...
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3
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310
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Is it wise to switch investment strategy frequently?
I am young and have many many years before retiring, so people always advise me to choose a high risk/growth strategy for my super. Ok, say i accept it, then my question is:
Is it worth switching ...
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207
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Superannuation: When low risk options have higher return, what to do?
I have heard many times that if you are a young worker who still has many many years ahead of you before you retire, you should choose a relatively high risk/return investment option for your super, ...
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Can I transfer my West Australian rock lobster quota units into my SMSF?
Is it possible to transfer my pre-owned Western Australian Rock Lobster fishery quota units into my existing SMSF?
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Can my wife claim a deduction for her personal superannuation contribution if she got the Parental Leave Pay?
My wife is self-employed and had a baby last year for which she claimed the Parental Leave Pay from the Federal Government (a bit over $10K over 18 weeks). She had to enter the amount in Item 1 - ...
user9822
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Can I claim a SuperAnnuation -loss- on my 2011-2012 Australian Tax Office tax return?
can i claim any super annuation -loss- in an Australia Tax Office (ATO) tax return? if so, what section please?
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Is it possible to create a self-managed superannuation fund to act as a mortage offset? (Australia)
I have forced investments via Australia's mandatory superannuation scheme. The value of this is about half the value of the remaining mortgage debt on my own home. If I had access to this money, I ...
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1
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Where is a useful comparison of Australian Superannuation schemes? [closed]
I'm a New Zealander that has previously worked in Australia long enough to have some superannuation there, but the political agreements that NZ has with Australia don't currently let me take my ...
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