Contributing to your super

Source:Rice Warner Actuaries, Retirement Savings Gap at June 2011 (March 2012 report)

There are many different ways to contribute to your super – super co-contribution, salary sacrifice, voluntary contributions and standard contributions are just some of them. Did you know that some of these methods won’t even affect your take home pay?

There’s a lot to know about contributing to your super. A strategy that’s right for you might not be right for someone else.

While maximising your contributions is certainly a good idea, remember not to make that decision in isolation; think about it as part of your larger financial plan.