What is superannuation?
Superannuation, also known as super, is money put away by you or your employer while you’re working. These savings grow over time, so you can have money after you retire.
Superannuation, also known as super, is money put away by you or your employer while you’re working. These savings grow over time, so you can have money after you retire.
Employers are legally required to pay super which may be on top of your base salary or included as part of your total salary. They make contributions directly into a super account on your behalf, these contributions are called the Super Guarantee. If you don’t choose your own fund, your employer will nominate one on…