Contributions into your super can be made by you, your spouse, or your employer. There are a wide range of super funds to suit your individual needs, and LFS can help determine which one is right for you.
You can add your own money to your employerís contributions to increase your superannuation savings through a salary sacrifice. The contribution is made by your employer who pays part of your salary to your super fund, instead of paying it to you. You tell your employer how much you want to sacrifice and choose to take less salary. These contributions are tax effective and will help build your superannuation for your retirement.
You can also choose to make personal contributions to your super from your after-tax income, which may even attract a Government co-contribution, depending on how much you earn.
There are many ways to take control of your super, and they include finding your super from your previous jobs, consolidating multiple super funds so you are only paying one set of fees, and keeping an eye on what investment options your super account is invested in.
Contact us today for a complimentary and without obligation initial consultation, discuss how we can help take control of your Super.