SUPERANNUATION
How much super should you get?
Superannuation is a key part of your long-term financial plan. As a temporary or casual employee you are entitled to earn 9.5% superannuation on all gross wages paid by a single employer in excess of $450 per month. Your payments are legally required to be paid to your nominated account at least quarterly.
The problem for some temps is that if you work only a day here and there and for a range of different employers, you may not meet the threshold and will miss out on super being paid that month. Read more about this here.
Looking after your Super
Sponsored content by Kinetic Super
Earning super is great, but watching how just small contributions can grow into a large amount over time can be rewarding. For a few tips on how to get the most out of your super, check out this video.
And don’t forget to take your super with you when you change jobs! It’s easy to lose track of your accounts when you move between jobs but every little bit adds up. So think about sticking with one super account you can take with you, wherever your career takes you.
Kinetic Super is our content provider for all things super. If you’re interested in more information about Kinetic Super, you can read it here.
Useful Links
MoneySmart Employer Contributions Calculator
Kinetic Superannuation Ltd (KSL) (ABN 14 056 917 303 AFSL 222590 RSE L0000352) is the Trustee of Kinetic Superannuation Fund (KSF) (ABN 78 984 178 687 RSE R1000429) which includes Kinetic Smart Pension (KSP). This information is of a general nature only and does not take into account your personal objectives, financial situation or needs. Before making a decision about Kinetic Super or Kinetic Smart Pension you should obtain and consider the relevant Product Disclosure Statement (PDS) for these products, and any Incorporated Information, and also consider your personal circumstances. For a copy of the PDS, call us on 1300 304 000 or visit the Kinetic Super website, kineticsuper.com.au
