Super contributions, funds and the rules around accessing retirement savings.
4 terms in this topic
Payday super is the rule, from 1 July 2026, that employers pay super guarantee with every pay run, reaching the employee's fund within seven business days of payday.
Read definitionA self-managed super fund (SMSF) is a private superannuation fund of up to six members who run it themselves as trustees, taking on the fund's investment and compliance duties.
Read definitionSuperannuation is money set aside during your working life to fund retirement, held in a fund you generally cannot access until you reach preservation age.
Read definitionThe superannuation guarantee rate is the percentage of an employee's qualifying earnings that an employer must pay into super, set at 12% for 2026-27.
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