Understanding superannuation
Superannuation is a way to save for your retirement. It is a long- term investment. You usually cannot access your super until you have reached 55 and retired, but there are some special circumstances where you can withdraw it earlier than this.
This section outlines how various superannuation and tax laws affect your entitlements in the Fund including your ability to make super contributions, access to benefits, the tax arrangements applying to contributions, the taxation of income earned in the Fund and the taxation of benefits paid from the Fund.
- Contributing into Super
- Types of contributions and payments
- Acceptance of superannuation
- Contribution limits
- Tax file numbers
- Child superannuation accounts
- Splitting of contributions
- Conditions of release for preserved benefits
- Restricted and unrestricted non-preserved benefits
- Preservation age table
- Taxation
Part A of the Avenue Retirement Service PDS