The Key Things You Need to Know About Superannuation

Superannuation is one of the most powerful tools available to Australians when building wealth and preparing for retirement. But how does it actually work, and how can you make the most of its tax advantages?

In this course, Rob Goudie explains the key things you need to know about superannuation, including how it works as a tax structure, the different ways you can invest within it, contribution strategies, insurance options and how your super can support you and your family in retirement.

You'll also explore the benefits and limitations of superannuation, the different types of super funds, and how to make informed decisions about your retirement savings.

What you'll learn

• What superannuation is and why it exists
• How superannuation works as a tax-effective structure
• The tax advantages of super contributions, investment earnings and capital gains
• The rules around accessing your super and preservation age
• The different investment options within superannuation
• The differences between industry funds, retail funds and self-managed super funds (SMSFs)
• Insurance options within super, including Life Insurance, Total and Permanent Disability (TPD) and Income Protection
• Superannuation beneficiaries, binding death benefit nominations and estate planning considerations
• Concessional and non-concessional contributions and their contribution caps
• Additional contribution strategies, including spouse contributions, government co-contributions and contribution splitting
• How superannuation can help build long-term wealth and provide financial security in retirement