Tag: superannuation contribution calculator
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Woolworths Boosts Parental Leave Super to Close Retirement Gap
Woolworths Group, a retail giant serving millions of customers weekly, has announced a groundbreaking initiative to boost superannuation contributions for team members on parental leave. This move aims to address the significant gender gap in retirement savings, a pressing issue highlighted by the Association of Superannuation Funds of Australia. Elternzeit geplant, Familie entspannt I Der…
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Maximizing Super Contributions: Expert Tips for Salary Sacrifice Strategy
Boosting superannuation contributions through salary sacrifice requires careful consideration, especially with the recent changes in concessional contribution caps. Tim Sanderson, a senior technical manager, highlights the importance of assessing various technical aspects that could impact individuals with higher balances. He emphasizes the need to account for additional contributions that count towards the concessional cap, such…