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From the monthly archives: January 2015

We are pleased to present below all posts archived in 'January 2015'. If you still can't find what you are looking for, try using the search box.

Are your superannuation savings goals on track?

Are your superannuation savings goals on track? Superannuation should never be a “set and forget” strategy. With the new calendar year here, now is a good time to review your circumstances and perhaps set some new goals to help boost retirement savings. There have been a few changes to superannuation which applied from 1 July 2014 and it is important to understand how they may apply to you. The following are some considerations. Making extra contributions The general concessional contributions cap is $30,000 for 2014–2015 (up from $25,000 for 2013–2014). For people aged 50 and over, there is a higher concessional contributions cap of $35,000 for 2014–2015. Checking super savings It is a good habit to check your superannuation balance regularly. In addition to getting to know your super better, you may also want to protect your super from identity crime. For example, you may want to change passwords for accounts that can be viewed online. Consolidating multiple super ...
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