What is super?

Get to know one of your most important investments.

What is super?

Superannuation is the easiest way for current you to help out future you – without you having to do much at all.

What is super?

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Super basics

  1. Generally from the moment you start working and earn above $450, you’ll be putting money aside for your super with a fund like AustralianSuper.

  2. Your savings grow because your employer pays a compulsory sum of money into your super account. This sum, called the Superannuation Guarantee, is 9.5% of your before tax income.

  3. You can add more money to your super by choosing the option that works best for you like before or after tax contributions.

  4. When you join AustralianSuper, you’ll automatically be invested in the Balanced option, unless you choose another investment option.

  5. Your super account can also come with different types of insurance cover that you can access if you’re unable to work due to illness or injury. Cover includes Total & Permanent Disablement Income Protection and Death.

  6. As you get closer to retirement, you can transition from your super account into a Choice Income account to pay yourself a regular income in retirement.

The ultimate super crash course

Get in the know with Money 101, our step-by-step guide to understanding and getting the most out of your super.

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Compare us

There’s a bit to consider when choosing the right super fund. That’s why we’ve made it easy to see the AustralianSuper difference.

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