by Investment Plus Accounting Group | Feb 5, 2025 | Retirement Planning, SMSF, Superannuation, Wealth Planning
Superannuation (super) is one of the most crucial aspects of your financial planning for retirement in Australia. However, many people find that their superannuation savings fall short of what they need for a comfortable retirement. The good news is that there are...
by Investment Plus Accounting Group | Feb 5, 2025 | Inheritance, Retirement Planning, Tax & Accounting
When a loved one passes away, the emotional toll can be overwhelming, and the last thing you may want to focus on is taxes. However, navigating the tax implications is a crucial part of administering an estate. While Australia does not impose a death tax, there are...
by Investment Plus Accounting Group | Dec 2, 2024 | Retirement Planning, salary sacrifice, SMSF, Superannuation, Wealth Planning
Salary sacrificing into superannuation involves directing a portion of your pre-tax income into your super fund. This can help you boost your retirement savings while potentially reducing your tax liability. If you’re considering this strategy, here’s a...
by Investment Plus Accounting Group | Nov 18, 2024 | Investments, Property Investment, Property Investment Tips, Retirement Planning, Shares, Wealth Creation
In recent years, the term passive income has become a buzzword, often associated with easy money and financial freedom. But what exactly is passive income, and how can you use it to build wealth? At its core, passive income is the idea of earning money with minimal...
by Peter Ristevski | May 27, 2024 | Retirement Planning, SMSF, Superannuation
Superannuation is a crucial part of your retirement planning in Australia, and ensuring your super is on track can significantly impact your financial future. An annual checkup of your superannuation account helps you stay informed, make necessary adjustments, and...