This video takes a look at super splitting, which involves splitting your superannuation contributions between you and your spouse. Super splitting can assist a spouse with little or no income, help them fund life insurance within super and in some cases facilitate other advantages on retirement. There are rules around how super splitting can be done, have a look at this video to find out more.
If you would like to learn more about what else you can do, see this article on ways to boost your spouse’s super, or this one that discusses you how much you money you might need to fund a comfortable retirement. And if you or your spouse are taking a career break then find out about how else you can manage the super gap.
For more information about super splitting and other strategies that can help maximise super talk to your financial adviser.