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  2. Salary packaging - Wikipedia

    en.wikipedia.org/wiki/Salary_packaging

    Salary sacrifice can be extended to any range of benefits and has become increasingly popular in the public sector as well as for transport-related benefits e.g. cycles, bus travel, low CO 2 emission cars, and more recently in 2020 vehicle maintenance. Salary sacrifice is also commonly used to fund the introduction of Flexible Benefit Plans in ...

  3. Taxation of superannuation in Australia - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_Superannuation...

    The investment income of superannuation funds derived from those assets backing pensions (i.e., retirement phase accounts) is "exempt" income of the fund. In the 2016 federal budget, the government proposed to abolish, effective 1 July 2017, the exemption for investment income on a retirement phase account if the balance in the account exceeds ...

  4. Superannuation in Australia - Wikipedia

    en.wikipedia.org/wiki/Superannuation_in_Australia

    Employer superannuation contributions are generally tax deductible if paid to a "complying superannuation fund". This includes compulsory employer contributions as well as "salary sacrifice" contributions. Employees may choose to make additional contributions at the same rate as a "salary sacrifice", but only if their employer agrees to do so.

  5. The ultimate guide to retirement saving for 40-somethings - AOL

    www.aol.com/finance/saving-retirement-40s...

    (Use Bankrate’s debt pay-down calculator to figure the fastest way to get rid of debt.) On the other hand, if you’ve saved at least 10 percent of your paycheck over the past 15 to 20 years ...

  6. How much of your salary would you sacrifice to fight climate ...

    www.aol.com/finance/most-world-sacrifice-1...

    The majority of the world's population would sacrifice a portion of their personal fortune to help stop climate change—however, in the U.S., U.K. and Canada, that's not the case.

  7. Defined benefit pension plan - Wikipedia

    en.wikipedia.org/wiki/Defined_benefit_pension_plan

    Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental ...

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