The Age
·general
·3 hours ago
Retired grandparent's super accounts frozen, expert suggests alternative investment options
A retired grandparent's super accounts for six grandchildren were frozen due to requiring regular contributions. Aware Super's Peter Hogg advises that non-super investment options are more practical for childhood savings, suggesting flexibility matters until children begin working. Superannuation proves effective post-employment when employer contributions commence for growing account balances.
Summary by Glance · The Age
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