tag:blogger.com,1999:blog-22517597.post678690149823760909..comments2024-03-03T11:13:39.377+11:00Comments on Moomin Valley: How Much Should I "Salary Sacrifice" into Superannuation?mOOmhttp://www.blogger.com/profile/03440274434662150925noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-22517597.post-21064784462482461642011-01-12T14:25:50.319+11:002011-01-12T14:25:50.319+11:00I decided to go with 10% salary sacrifice which do...I decided to go with 10% salary sacrifice which doesn't quite bring things up to the cap (and certainly not this financial year). I can't really explain why I did that nice round number...mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-3381545497179026772011-01-10T20:31:30.968+11:002011-01-10T20:31:30.968+11:00It all depends if you the money or not. Like to bu...It all depends if you the money or not. Like to buy a house or whatever.mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-74184352778878855732011-01-10T20:27:27.647+11:002011-01-10T20:27:27.647+11:00I also favour putting in the maximum, as under the...I also favour putting in the maximum, as under the current rules asset sales within super are exempt from capital gains tax once the fund goes into "pension" mode... so I stick as much as I can into super and invest it in the Vanguard high-growth index fund. I won't sell any of the units until the fund is in pension mode, so I only pay 15% on the annual fund distributions during accumulation phase and (if they don't change the rules) end up with any capital gains in the unit price being tax free.enoughwealth@yahoo.comhttps://www.blogger.com/profile/09371028394685288035noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-53572936622532323312011-01-10T18:29:48.358+11:002011-01-10T18:29:48.358+11:00If there was no lock up then yes it is a no-braine...If there was no lock up then yes it is a no-brainer. Should I max out Snork Maiden's contributions too? Anyway, I wasn't provided with a form for salary sacrifice and when I checked the HR website it says that fixed term staff will only be allowed to do this on a "case by case basis". I don't plan to make after tax contributions to superannuation at this stage.mOOmhttps://www.blogger.com/profile/03440274434662150925noreply@blogger.comtag:blogger.com,1999:blog-22517597.post-37942649895803398472011-01-10T16:33:55.072+11:002011-01-10T16:33:55.072+11:00It seems like a no-brainer to me - pay in the max ...It seems like a no-brainer to me - pay in the max subject to being reasonably confident you will not need the money for the 14 years. The tax savings, on payment, during the time it is invested and on withdrawl are just too good to pass up.<br /><br />Put differently, what kind of additional return will you have to earn on your money outside of your superantuation to compensate for the additional tax?traineeinvestorhttps://www.blogger.com/profile/05179861120801348035noreply@blogger.com