Search results
Results From The WOW.Com Content Network
This means that for most Australians, the tax on their earned income sent to a superannuation account is less than the income tax on earned income sent to their bank account. Australians can contribute additional superannuation beyond the 11.5% minimum, subject to limits. The maximum amount that may be contributed per year is $30,000. [3]
AustralianSuper is an Australian superannuation fund headquartered in Melbourne, Victoria.It is an industry super fund, and so operates through a mutual fund structure.. With over A$ 340 billion of retirement savings under management and more than 3.4 million members, AustralianSuper is the largest superannuation fund in Australia and the sixteenth largest pension fund in the world.
Members who have a balance in a retirement phase account in excess of this limit will have until 30 June 2017 to either return the excess funds into accumulation phase or take the money out of superannuation. Retirement phase accounts in excess of this limit will be taxed at 15% on earnings, the same as for an accumulation phase account.
Sign in to your AOL account.
Eligible members of SCOA are employees contributing to, former employees with preserved benefits in, or retirees receiving benefits from Commonwealth superannuation schemes, including the Commonwealth Superannuation Scheme (CSS), [1] Public Sector Superannuation Scheme (PSS), [2] Public Sector Superannuation Accumulation Plan (PSSAp) [3] and lump-sum plans.
Click Sign in. If that doesn't fix the problem, try these steps and attempt to sign in after each one: Clear your browser's cookies. Quit and then restart your browser. Use a different supported web browser. Try signing into a different sign-in page, like our Aol.com sign-in page or the AOL Mail sign-in page.
In September 2018, ISA arranged a deal by 19 industry super funds to consolidate superannuation accounts of all of their members. Involving half a million inactive accounts containing few funds, it is estimated that it may collectively save its members around A$100 million a year in what they would otherwise pay in fees and life insurance premiums.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!