Getting married

Getting married

Getting married is an important life milestone that can greatly impact your finances. You and your partner may wish to consider the following items on the checklist.

Checklist for those getting married

• Generally, any previous will becomes void when you marry. You may wish to consider organising a new will
• Consider spouse contributions. Your spouse can top up your super account if you earn less than $13,800 a year (or vice versa) and you can receive a tax rebate
• Review your insurance. You now need to consider a partner if something happens to you. At NGS Super you have guaranteed extra cover for certain life events and can apply for an increase in your insurance without the need to show evidence of your good health*
• Consider contribution splitting. You can split your contributions (minimum $3,000) with your spouse at the end of each financial year

*Within certain limits