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Showing posts from December, 2019

Tips to recover unpaid alimony and how to boost your retirement pension

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If you are a retired person and you have incomplete pension, now the question is How To Find And Consolidate Your Lost Super ? Follow these tips. Revive the debtor React from the first days of delay compared to the date planned for the payment of alimony (which is usually at the beginning of the month). At first, you can contact your ex-spouse by phone. In the event of failure, or of absence of answer, send him a registered letter with acknowledgment of receipt (LRAR) to remind him of his obligations. For example, you can specify that not paying child support for more than 2 months is a family abandonment.  Do not neglect Early Access To Your Superannuation . Bring an enforceable title An "enforceable title" attests to the amount of your support and its exigency. This document allows you to call a bailiff to ask him to intervene with your ex-spouse. This is generally a divorce judgment, or a court-approved agreement which is said to be “clothed with the enforce...

Unpaid alimony: how to recover it and how to boost retirement

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The most powerful tool you have to plan for retirement is your own savings. The most important thing is to start saving on a regular basis, for your retirement, how much earlier you start better, because the compound interest rate plays in your favour. Though one of the major one is How To Find And Consolidate Your Lost Super ? Hire a pension plan Although the current taxation of pension plans is improvable, it is still the financial product that has the best tax treatment for long-term savings, especially for retirement. It should be remembered that contributions to pension plans reduce the income tax base, so that each year you can see the benefits of saving for retirement. Diversify your investments One of the maxims of any financial investment is diversification. Diversifying your retirement savings among different financial assets allows reducing the risk you are taking and in the long term improve the profitability of your investments.         ...

Lost Your Super fund ? Don’t worry Lost Finder Here

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The Australian pension system is based on a combination of two main components - public and private pensions. A state pension upon reaching retirement age is a traditional pension, which is financed from the state budget. Such a pension in Australia is paid to a citizen or resident of Australia who has reached the age of 65, which is a pension for both women and men. The size of the state pension at the moment is about 500 US dollars for a single pensioner and about 900 dollars for a married couple. The size of the pension is stably revised in accordance with inflation and rising prices. In order to receive a state pension in Australia it is not at all necessary to ever work. It does not matter the size of the salary. The main purpose of such a pension is to provide a minimum standard of living for any elderly Australian. The amount of pension paid in Australia also depends on income and real estate. Naturally, the state in any way seeks to ensure t...