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Will you have enough money in your superannuation account to fund your dream retirement? Many people will struggle to reach their dream retirement without adding a little bit extra to their super.
Money can be paid into your super account in a number of ways - by your employer, by you, and sometimes even by the Federal Government.
Your employer pays a percentage of your salary as a super contribution.
To help you reach your dream retirement, it may be a good idea to pay some extra money into your super account now.
Top-up your spouse's super by transferring contributions from your account.
Salary Sacrifice means you 'sacrifice' part of your before-tax (gross) salary as a super contribution.
Take advantage of the Government's Co-contribution scheme to make your super grow faster.
If you have a spouse you can help them save for retirement by making contributions to a super fund on their behalf.
You may be eligible to make personal contributions to super as a self-employed person and claim tax deductions for these contributions.
If you have more than one super account, it makes sense to consolidate your funds into the one super account and save on fees and charges.