Know your options
A retrenchment payout will see you through for a while but it’s not going to last forever. It can all be quite challenging. And at the centre of it all is what matters most – you and your loved ones.
Fortunately, there are a few things you can do right now to get informed and take control. It’s all covered in AustralianSuper’s guide Creating the future you want (1.6 MB).
It tells you what’s included in your retrenchment payout, what tax you can expect to pay, what to do if your employer has gone bankrupt and more.
It also covers how you can keep your super working for you, including keeping your insurance cover on track and using your super in an emergency.