Ever wonder about how you can better prepare yourself for retirement? If you earn less than $46,920, then you may be able to take advantage of the Federal Government’s superannuation co-contribution scheme and give your super a nice boost with very little sacrifice!
What is it?
The superannuation co-contribution scheme means that on top of your employer putting a percentage of your income into your super fund, you can also add a little extra. And, the best part is this: The government will pay you $0.50 for every dollar you contribute up to a maximum of $500 per year!