In this guide
Superannuation plays a vital role in helping Australians plan and save for their retirement and while each person has their own super account, their own contribution limits and their own personal caps, couples can benefit from taking a combined approach.
Equalising member balances, coordinating contribution strategies and making joint investment choices should all be considered when developing a couple’s retirement plan and will often assist in maximising combined retirement savings.
Read more about retirement planning for couples or watch our webinar on superannuation considerations for couples.
Why a combined spouse approach works
The Australian superannuation system contains various rules and restrictions on the level of contributions that individuals can make each year, based on their total super balance (TSB), that is, the sum of all balances that you hold in all your superannuation funds.
This guide is for members
SuperGuide members can access our in-depth SMSF guides and tools – to help you meet trustee obligations and make informed decisions with confidence.
Not ready to join? Create a free account to access 100+ starter guides.
- Comprehensive guidance to SMSF rules and strategies
- Stay up to date with changing rules
- Make confident decisions about managing your SMSF
Leave a Reply
You must be logged in to post a comment.