Thursday, November 30, 2023

What is SuperITC?



SuperITC is a low-level optimization layer that automatically optimizes quantum programs for the specific qubit modalities of your hardware. It works with open-source frontends like Qiskit & Cirq, and can run on hardware from IBM, Infleqtion, OQC, Rigetti, et al.

This is a used, but well maintained, Apex'i Super ITC or S-ITC.

Save Money

Super is a tax-efficient way to save money for your retirement. It’s taxed at 15%, which is lower than what you pay on a similar investment outside of super. Plus, earnings inside super are compounding, so over time they can grow much faster than in an account with no growth.

If you’re on a low income, there’s an even Superitc better way to boost your super balance: the super co-contribution. This is a government scheme that matches after-tax contributions you make to super, up to $500.

But before you rush out and top up your super, it’s worth taking some time to think about how much you actually need in retirement. You can use calculators at MoneySmart to get a good estimate of your target level of income.

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What is SuperITC?
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