In the current market there are numerous options available to manage your super. One of these is in making contributions, over and above that of your employer, to boost your nest egg. There are many options available to you and certain strategies that can maximise the return on your super investment, such as claiming a tax deduction for contributions, making contributions using after-tax pay and business profits, adding to your spouse's super, and managing super yourself.
The earlier you start contributing to super, the more likely you are to benefit when you retire. This is due to the compounding effect of super as a long-term investment strategy.
For investment strategies and exploration of your options, contact one of our Financial Planners today!
