the best kept secret in super? Spouse splitting explained

Never heard of super splitting? You’re not alone, but this little-known strategy could help you make the most of your household’s super contributions. In this quick explainer, Glen James and Martin McGrath break down how spouse splitting works, why you might want to do it, and when it makes sense (especially if one partner is off work, earning less, or older).

This audio is from a clip on the money money money YouTube channel: https://youtu.be/wL8_k3NARQI

If you’d like to chat with someone about your personal situation, reach out to our team so we can connect you with a professional: https://www.retireright.com.au/get-help

Sign up to the Retire Right newsletter here: https://email.retireright.com.au/

🏡 Join the retire right facebook group: https://www.facebook.com/groups/retireright

To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here: https://www.moneypodcast.com.au/mmmshownotes

This video is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs. You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions in this video for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. SYMO Interactive Pty Ltd (trading as Retire Right Australia) and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Martin McGrath, Financial Edge Group and their employed financial advisers are authorised representatives of Synchron Advice, which holds Australian Financial Services Licence 243313. Please read our Financial Services Guide at moneypodcast.com.au.

Intro Music:

 "80's Movie Marathon" by Luciano Music Co.

 Licensed via Shutterstock Music (royalty-free, commercial use permitted).

Segment/Outro Music:

 "Photograph" by nomaBeats

 Licensed via Pixabay Music – royalty-free for commercial use.

No copyright infringement intended. All music used under appropriate commercial licences.

Hosted on Acast. See acast.com/privacy for more information.