 
|
PJ Patterson Your Keystone Financial Adviser
"Superannuation – would you like a free gift?"
By law, your employer contributes to superannuation on your behalf. If your assessable income plus reportable fringe benefits is less than $60,342 (2008/09 financial year) and you make a non-concessional (personal after tax) contribution to superannuation of up to $1,000, you may be eligible to receive government co-contributions of up to $1.50 for each $1.00 of after tax contribution made, up to a maximum of $1,500 per annum.
For those whose income is below $30,342 this equates to a return of 150% if you invest the full $1,000 which is a pretty good investment return.
Investments held in the superannuation environment are currently taxed at a maximum rate of 15%. By contributing additional monies you are investing for your long term future in a tax effective environment as well as reaping the benefits of compound interest.
Why not speak to Keystone Financial to discuss the above issues and get your money working for you. Your adviser will be able to assist in formulating an investment strategy which is tailored to your personal needs taking into account lifestyles issues, your cash flow requirements, taxation issues and your existing asset base. Contact us anytime.