One of the most important ways to boost your super balance is through, of course, contributions. Just like a bank account, your super balance will grow through you making contributions. These contributions are then invested into the investment options that you choose, and grow further through investment returns, or interest (although it’s important to remember that investment returns can be positive or negative). Where it starts to get confusing for a lot of us is understanding the difference types of contributions you can make and how much you can contribute. This episode will take you through the basics.
You can learn more about contributions at qantassuper.com.au/grow.
You can book an appointment with a Super Adviser at qantassuper.com.au/advice.
Qantas Super is one of Australia’s largest corporate superannuation funds. It exists for people who are working for, or have worked for, the Qantas Group and their spouses. Qantas Super has been working for its members since 1939.
This podcast is of a general nature and does not take into account your personal objectives, situation or needs, and may not be applicable to members across all divisions. Before making a decision about Qantas Super, consider your financial needs and read the member disclosure documents applicable to your membership. Issued by Qantas Superannuation Limited ABN 47 003 806 960 AFSL 288330 (Trustee, we, our, us) as trustee for the Qantas Superannuation Plan ABN 41 272 198 829 (Qantas Super or Plan).
The theme music in this podcast is by Scott Holmes Music.