moneysmart.gov.au Open in urlscan Pro
2606:4700:10::6816:1bfe  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Skip to main content
☰ back home search
 * Banking and budgeting
   * Banking
     * Savings accounts
     * Transaction accounts and debit cards
     * Joint accounts
     * Direct debits
     * Unauthorised and mistaken transactions
     * Banking and credit scams
     * Identity theft
   * Budgeting
     * How to do a budget
     * Track your spending
     * Managing on a low income
     * Budget planner
     * Compound interest calculator
     * Simple money manager
   * Saving
     * Savings goals calculator
     * Compound interest
     * Save for an emergency fund
     * Simple ways to save money
     * Term deposits
     * Save for a house deposit
   * Income tax
     * GST calculator
     * Income tax calculator
     * Salary packaging
     * Lodging a tax return
 * Loans, credit and debt
   * Loans
     * Going guarantor on a loan
     * Car loans
     * Loan rejection
     * Payday loans
     * No interest loans
     * Personal loans
     * Personal loan calculator
     * Payday loan calculator
     * Moneysmart cars app
   * Credit cards
     * Choosing a credit card
     * Pay off your credit card
     * Credit card calculator
     * Credit card balance transfers
     * Cancel a credit card
   * Home loans
     * Buying a house
     * Choosing a home loan
     * Mortgage calculator
     * Switching home loans
     * Mortgage switching calculator
     * Using a mortgage broker
     * Pay off your mortgage faster
     * Problems paying your mortgage
     * Interest-only home loans
     * Interest-only mortgage calculator
   * Managing debt
     * Get debt under control
     * Urgent help with money
     * Financial counselling
     * Financial hardship
     * Problems paying your bills and fines
     * Credit scores and credit reports
     * Credit repair
     * Debt consolidation and refinancing
     * Dealing with debt collectors
     * Repossessed car or goods
     * Bankruptcy and debt agreements
     * Free legal advice
     * Net worth calculator
 * Investing and planning
   * How to invest
     * Investor toolkit
     * Develop an investing plan
     * Choose your investments
     * Diversification
     * Investing and tax
     * Borrowing to invest
     * Keep track of your investments
     * Environmental Social Governance (ESG) investing
   * Financial advice
     * Financial advisers register
     * Choosing a financial adviser
     * Working with a financial adviser
     * Financial advice costs
     * Problems with a financial adviser
   * Shares
     * Choosing shares to buy
     * How to buy and sell shares
     * Keeping track of your shares
     * Employee share schemes
   * Managed funds and ETFs
     * Managed funds fee calculator
     * Choosing a managed fund
     * Exchange traded funds (ETFs)
     * Hedge funds
     * Listed investment companies (LICs)
     * Peer to peer lending
   * Property investment
     * Property schemes
     * Timeshares
     * SMSFs and property
   * Investments paying interest
     * Bonds
     * Debentures, secured and unsecured notes
     * Hybrid securities and notes
   * Investment warnings
     * Investment scams
     * Cryptocurrencies
     * Crypto scams
     * Contracts for difference (CFDs)
     * Investment seminars
     * Binary options
     * Land banking
     * Ponzi schemes
     * Company director fraud
     * Forex trading
     * What to do if you've been scammed
 * Super and retirement
   * How super works
     * Choosing a super fund
     * Types of super funds
     * Self-managed super fund (SMSF)
     * Getting your super
     * Find lost super
     * Consolidating super funds
     * Tax and super
     * Superannuation scams
     * Superannuation calculator
   * Grow your super
     * Employer contributions calculator
     * How much super you need
     * Super contributions
     * Super for self-employed people
     * Super investment options
     * Super contributions optimiser
   * Retirement income
     * Prepare to retire
     * Age Pension and government benefits
     * Super and pension age calculator
     * Transition to retirement
     * Retirement planner
     * Account-based pensions
     * Account-based pension calculator
     * Annuities
     * Super lump sum
     * Retirement income and tax
     * Downsizing in retirement
     * Reverse mortgage and home equity release
     * Reverse mortgage calculator
   * Living in retirement
     * Your money in retirement
     * Aged care
     * Your home in retirement
     * Wills and powers of attorney
     * Paying for your funeral
     * Supporting older Australians
     * Financial abuse
     * Memory loss, dementia and your money
     * Elder care and seniors support
 * Insurance
   * How life insurance works
     * Life insurance calculator
     * Income protection insurance
     * Life cover
     * Total and permanent disability (TPD) insurance
     * Insurance through super
     * Life insurance claims comparison tool
     * Trauma insurance
     * Making a life insurance claim
   * Car insurance
     * Choosing car insurance
     * Claiming on your car insurance
     * No claim bonus on car insurance
     * Add-on car insurance
   * Home insurance
     * Choosing home insurance
     * Contents insurance
     * Storm, flood and fire insurance
   * Health insurance
   * Funeral insurance
   * Pet insurance
   * Mobile phone, tablet and laptop insurance
   * Travel insurance
   * Consumer credit insurance
 * Moneysmart for teachers
   * About Moneysmart for teachers
     * Lesson plans
     * Teaching consumer and financial literacy

 * About us
 * Contact us
 * Glossary
 * Media centre

 * Like MoneySmart on Facebook
 * Follow MoneySmart on Twitter
 * Subscribe to MoneySmart on Youtube


HOW SUPER WORKS

Look after your super now, so it looks after you

Page reading time: 1 minute

On this page
 * Look after your super
 * Up next in How super works

Super is a way of saving for retirement. Your employer must pay a percentage of
your earnings into your super account, and your super fund invests the money
until you retire.

There are lots of different super funds out there, and different types of
accounts. Find out how to compare super funds, find your lost super, and
consolidate funds into one.


LOOK AFTER YOUR SUPER

Your super is your money. Look after it by:

 * choosing an account with lower fees
 * comparing your fund's performance with others
 * combining accounts if you have more than one
 * checking your insurance before you change funds
 * knowing what’s involved before deciding whether to choose an SMSF
 * being wary of anyone offering to withdraw your super early

Do you find this page useful?
Yes
No
Why?
It had the information I was looking for
The page makes sense
The information is balanced and unbiased
The information gave me a sense of what to do next
Submit Any other feedback
Why not?
It didn't have the information I was looking for
The page was confusing
The information overwhelmed me
There wasn't enough information for me to take action
Submit Any other feedback
Your feedback
Your feedback relates to: Please select... Webpage Content Calculator or tool
Complaint or scam Copyright requests Loans, money and personal finance advice
Other feedback/suggestion
You would like to: Please select... Report an Error Comment on a Webpage Ask a
question
Your issue is: Please select... You don't understand the calculator result You
believe the calculator is incorrect The calculator/tool does not work (eg
technical issue) You want to provide general feedback/suggestions

 * Calculator disclaimers and assumptions can be found under each calculator.
   Refer to these for more detailed information about how a specific calculator
   works.

 * Calculator frequently asked questions can be found under most calculators.
   Refer to these for more information.

The links below provide more information on complaints and reporting scams:

 * Complain about a financial product or service
 * Report a scam
 * Report misconduct to ASIC

We don't lend money, arrange loans or provide personal financial advice.

If you are experiencing difficulties with money, the following pages can help:

 * Urgent help with money
 * No or low interest loans
 * Problems paying your bills or fines
 * Problems paying your mortgage
 * Find a financial counsellor

Summary of your feedback (helps us respond faster):
Your comments:
The page/calculator/app you are referring to (eg. cut/paste URL):
Your email address: (if you require a reply)
Cancel Send feedback


UP NEXT IN HOW SUPER WORKS


 * CHOOSING A SUPER FUND
   
   How to compare and choose super funds
   
   5 min read


 * TYPES OF SUPER FUNDS
   
   Get to know your fund better
   
   5 min read


 * SELF-MANAGED SUPER FUND (SMSF)
   
   Understand if an SMSF is right for you
   
   4 min read


 * GETTING YOUR SUPER
   
   Find out when you can access your super
   
   2 min read


 * FIND LOST SUPER
   
   How to find lost super and what to do next
   
   1 min read


 * CONSOLIDATING SUPER FUNDS
   
   Combine your super into one account to save
   
   2 min read


 * TAX AND SUPER
   
   How super contributions and withdrawals are taxed
   
   2 min read


 * SUPERANNUATION SCAMS
   
   What to do about super scams
   
   5 min read


 * SUPERANNUATION CALCULATOR
   
   Find out your super balance at retirement
   
   3 min read

 * 

 * About us
 * Contact us
 * Glossary
 * Media centre
 * Subscribe
 * Indigenous

 * Like MoneySmart on Facebook
 * Follow MoneySmart on Twitter
 * Subscribe to MoneySmart on Youtube


search

Popular content

Find unclaimed money

Mortgage calculator

Budget planner

How super works

Banking and credit scams

How to invest

Financial advisers register

Recently visited