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SECURITIES AND EXCHANGE COMMISSIONER 13FHR Initial quarterly Form 13F holdings report filed by institutional managersFiling Date: 20210813 | Period of Report: 20210630 SEC Accession No. 000160658721001189

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How to fill out salary sacrifice super agreement

01

Step 1: Obtain a salary sacrifice super agreement form from your employer

02

Step 2: Read and understand the terms and conditions mentioned in the form

03

Step 3: Fill out your personal details such as name, employee number, and contact information

04

Step 4: Specify the dollar amount or percentage of your salary that you wish to sacrifice into your superannuation fund

05

Step 5: Indicate the frequency of the salary sacrifice contributions (e.g., weekly, fortnightly, monthly)

06

Step 6: Review the agreement and ensure all the information provided is accurate

07

Step 7: Sign and date the agreement

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Step 8: Submit the completed form to your employer for processing

Who needs salary sacrifice super agreement?

01

Anyone who is employed and wants to boost their superannuation savings can benefit from a salary sacrifice super agreement.

02

Employees who wish to take advantage of potential tax benefits and increase their retirement savings may find a salary sacrifice arrangement advantageous.

03

It is vital to consult with a financial advisor or tax professional to understand the specific implications and suitability of salary sacrificing super before deciding if it is appropriate for you.

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What is salary sacrifice super agreement?

Salary sacrifice super agreement is an arrangement between an employee and employer where the employee agrees to sacrifice a portion of their salary to be contributed into their superannuation fund before tax.

Who is required to file salary sacrifice super agreement?

Both the employer and employee are required to agree and sign the salary sacrifice super agreement.

How to fill out salary sacrifice super agreement?

The salary sacrifice super agreement should be filled out by both the employee and employer, detailing the amount to be sacrificed and the super fund details.

What is the purpose of salary sacrifice super agreement?

The purpose of salary sacrifice super agreement is to increase an individual's superannuation savings through pre-tax contributions, potentially reducing the amount of tax paid on their salary.

What information must be reported on salary sacrifice super agreement?

The salary sacrifice super agreement should include details of the amount to be sacrificed, super fund details, employee and employer signatures, and effective date of the agreement.

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