Before I receive each paycheck, my employer makes a compulsory - TopicsExpress

Before I receive each paycheck, my employer makes a compulsory contribution to a superannuation account (a type of retirement account in Australia) on my behalf. I’m not taxed for this money, and because I never really see it, I don’t notice it missing from my pay. What this means though, is that at the age of 23, I magically have about $15,000 saved up for retirement! thebillfold/2014/12/how-a-young-australian-does-money/

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