Australia: How to Get the Government to Pay for Your Retirement

12.14.2011

This only applies to Australia and I only found this out after talking to a wise man at Swan River. Thank you Robert.

In Australia, if you earn less than AUD$31,920, any extra money you contribute per year (up to a max of AUD$1,000) to your superannuation fund, the Australian government will match it dollar for dollar up tp AUD$1,000.

They key point of this is that this extra money is taken out of your monthly salary before your employer taxes your salary.

Buzz it!