Factors to Consider in Superannuation Contribution Decision Making

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Added on 2022/11/23

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This paper explores the different factors that should be considered by employees in the decision-making process of their superannuation. It discusses the two kinds of superannuation contributions, namely; non-concessional and concessional contributions, and the two plans, namely defined benefit plan and investment choice plan that tertiary employees should always select from in regards to making savings for meeting future needs after retirement.

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Factors to Consider in Superannuation Contribution Decision Making

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