Questions & Answers |
What is Super? |
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Super is money earned over your lifetime and deferred until retirement. Visit the ATO website for more information (opens in a new window) |
How does super work? |
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When you start to work, your employer must pay to your chosen super fund a part of your salary or wages. Visit the ASIC's MoneySmart website for more information (opens in a new window) |
What is a Super fund? |
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A Super fund is an organisation that invests your money into various things such as shares, property and managed funds to increase your retirement savings. Visit the ASIC's MoneySmart website for more information (opens in a new window) |
What types of Super funds exist? |
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There are many Super funds, so you can choose the most suitable for you. Visit the ASIC's MoneySmart website for more information (opens in a new window) |
Superannuation calculator |
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Can help you to understand how much super you will have in retirement. Visit the ASIC's MoneySmart website for more information (opens in a new window) |
What is a super contribution? |
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Super contributions: employer contributions - employer pays money to your super fund; personal contributions - you can contribute money to your super fund; government co-contributions - help for low-income earners. Visit the ASIC's MoneySmart website for more information (opens in a new window) |
What fees may super funds charge? |
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Super funds may charge various fees to manage your account. Visit the ASIC's MoneySmart website for more information (opens in a new window) |
Super & Tax |
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Your Super can be taxed: Tax on contributions; Tax on benefits; Tax on withdrawing super. Visit the ATO website for more information (opens in a new window) |
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