by kirstyb | May 22, 2023 | SMSF, Superannuation
At Financially Sorted, we understand that planning for the future is a crucial aspect of financial well-being. So, what happens to your super when you die? The treatment of your superannuation after your death depends on several factors, such as your age, the type of...
by kirstyb | May 18, 2023 | SMSF, Superannuation
Superannuation: Why it’s essential for your retirement? Superannuation is a way to save money for your retirement. It is a compulsory system in Australia, where employers are required to contribute a percentage of their employees’ earnings into a...
by kirstyb | May 18, 2023 | SMSF, Superannuation
We understand that managing your SMSF (Self-Managed Super Fund) can be complicated, especially when it comes to investing. As such, we’ve put together a comprehensive guide to help you understand the wide range of assets in which your SMSF can invest. 1. Cash and Term...
by kirstyb | May 17, 2023 | SMSF, Superannuation
Superannuation is an important part of retirement planning, and the earlier you start saving, the more time your money has to grow through compound interest and earnings. So you might ask “Should I have personal insurances inside of my SMSF?” Let’s...
by kirstyb | May 9, 2023 | SMSF, Superannuation
In his second budget since winning power in May last year, Treasurer Jim Chalmers boasted the first budget surplus in 15 years as strong jobs growth and high mining revenue swelled its coffers. The Treasurer announced a package of cost-of-living measures, including up...
by kirstyb | Mar 2, 2023 | Finance, SMSF, Superannuation, Tax & Accounting
You’ve probably heard that the Federal Government announced on Tuesday that there are going to be changes to our superannuation system. In simple terms, the Federal Government has proposed a cap on tax concessions, which means Australians with high...
