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- Superannuation, or 'super', is money put aside by your employer over your working life for you to live on when you retire from work12345. It is important because the more you save, the more money you will have for your retirement1. Super is invested in a range of assets to help grow your balance so you can have the best possible retirement outcome2. When you reach retirement age, you're allowed to access the money paid into any superannuation account in your name3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Superannuation, or 'super', is money put aside by your employer over your working life for you to live on when you retire from work. Super is important for you, because the more you save, the more money you will have for your retirement.www.ato.gov.au/other-languages/information-in-oth…Superannuation (or ‘super’) is money set aside while you’re working to support your financial needs in retirement. Your super is invested in a range of assets to help grow your balance so you can have the best possible retirement outcome.www.australiansuper.com/superannuation/what-is-…Superannuation (also known as "super") is money that employers are legally required to put aside on behalf of their employees. When you reach retirement age, you're allowed to access the money paid into any superannuation account in your name.www.youthcentral.vic.gov.au/advice-for-life/finance…A superannuation is an Australian pension program created by a company to benefit its employees. Funds deposited in a superannuation account will grow through appreciation and contributions until retirement or withdrawal. The term "super" is more commonly used when referring to pension plans available in Australia.www.investopedia.com/terms/s/superannuation.aspThe purpose of super is to help people save for their retirement. Your employer makes mandatory super contributions for you. And you can choose to make additional contributions if you want your super balance to grow faster. The money is invested and you generally can’t access it until you retire.www.cfs.com.au/super/understanding-superannuat…
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WEBOn this page. Super is a way of saving for retirement. Your employer must pay a percentage of your earnings into your super account, and your super fund invests the money until you retire. There are lots of different super …
WEBSuperannuation (or ‘super’) is money set aside while you’re working to support your financial needs in retirement. Your super is invested in a range of assets to help grow your balance so you can have the best possible …
WEBJan 30, 2023 · What is Superannuation? Under Australia’s superannuation system, employers are required to pay a percentage of an adult worker’s pay each month, currently 11%, into the employee’s...
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