Tag: low-income worker benefits
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Outdated Superannuation Rule Costs Low-Income Workers $500 Million
An outdated superannuation rule in Australia is causing concern among low-income workers, potentially resulting in a collective loss of $500 million in savings this year, according to the Super Members Council (SMC). HOW TO CREATE A RETIREMENT SAVINGS PLAN: Achieve Financial Security for Your Golden Years | $27.68 The Low-Income Superannuation Tax Offset (LISTO) was…