4 ways you can keep your super working even when you’re not.
1. Find and combine
It might be a good idea to get all your super in one place before (or during) your career break. Consolidating your super into one account means you pay one set of fees which could potentially affect your super balance in the long run. Also, life comes with enough admin. Reducing the number of super accounts means less paperwork (like annual statements and reports) and less upkeep (like updating your address).
3. Say “I do” to spousal contributions
If you’re married or in a de facto relationship, your partner could choose to make spousal contributions for you. These after-tax contributions from your partner could help grow your super balance during a career break. Even better, it means that they could be eligible for a tax rebate of up to $540 per year if they meet a set of conditions.