Back at work? Don't Ignore your super

Returning to the workforce after a long break? Rebuilding your superannuation may be one of your biggest financial priorities. One simple strategy to consider is salary sacrificing additional income into your superannuation. Your employer is generally required to make superannuation guarantee contributions on your behalf, and you may also have the option to contribute extra from your pre-tax income through a salary sacrifice arrangement. For example, you might choose to contribute an additional amount each week or fortnight directly into your super. These contributions can help grow your retirement savings over time and may also reduce your taxable income. Building your super isn’t just about how much you contribute, it’s also important to make sure your super is invested appropriately for your goals, timeframe, and circumstances. Small, consistent steps can make a meaningful difference when it comes to creating long-term financial security. Speaking with a financial adviser can help you understand your contribution options and ensure your super strategy aligns with your overall financial plan. Always seek personalised financial advice based on your individual circumstances. General advice only. Amy Lehmann is an Authorised Representative (No. 1292710) of Consortium Private Wealth Pty Ltd (AFS Licence 495401).

Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Amy Lehmann is an Authorised Representative(No. 1292710) of AFSL 495401.