Settlement Guide: What is Superannuation?

retired_couple (pixabay public domain

retired_couple (pixabay public domain Source: retired_couple (pixabay public domain

If you are currently employed in Australia, your employer should be paying a proportion of every wage you receive into a superannuation fund. This may seem like another tax on your earnings, but it isn't. So what is the purpose of super, and how does it benefit you?



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