First Super is working with CSBA to conduct some member research during July. You may receive an email or SMS from CSBA on our behalf, to invite you to participate in an online survey. Find out more
You don’t need to take any immediate steps with your super. Here are some answers to frequently asked questions about super and redundancy.
Your First Super account will remain open, even if you are not working, unless your balance is below $6,000 and in the past 16 months none of the following events have taken place:
If your account meets the above criteria, it will be transferred to the Australian Taxation Office. Learn how to keep your super account active.
Yes. Your money will remain invested in your selected investment choice and will continue to receive investment returns (positive or negative) at the end of the financial year.
You can check your investment choice with First Super via firstonline or by calling our Member Services Team on 1300 360 988.
Or download the First Super mobile app to keep track of your super and update your details.
If you have insurance with First Super, your cover will continue while there is enough money in your super account to cover the cost of your premiums each month.
To ensure your insurance cover continues or to discuss your cover options contact our Member Services Team on 1300 360 988 or mail@firstsuper.com.au.
Yes, you wouldn’t open a new bank account when starting a new job. It’s the same with your super.
When starting a new job, let your new employer know that you want your super paid into your First Super account.
Complete the Employee Choice of Fund form and give it to your employer.
Yes, you can make an additional contribution to your First Super account. Remember, our Member Services Team can help you with your questions about boosting your super.
You also have a range of contribution options available to you. You don’t have to rely solely on the superannuation guarantee payments from your employer.
If you have held more than one job in the past, you may also have more than one super account. Finding and combing your super can help it to grow faster, too.
At First Super, we have a team of qualified Financial Advisers who can help you achieve your financial goals – whether this be cash flow management (budgeting) and helping you to choose the right type of contribution for your situation making contributions.
Speak to a Financial Adviser. Book an appointment today.
If you have reached your Preservation Age and decided to stop work permanently, you can open a First Super Retirement Income account.
This account allows you to:
Remember you can speak with our Financial Advice Team to support you with your retirement planning. At First Super, our qualified Financial Planners can help you to achieve your financial goals, explain any tax advantages available as you step into retirement, and maximise any Centrelink benefits for which you may qualify.
If you have reached your Preservation Age and want to continue working, you can open a First Super Transition to Retirement account.
This allows you to:
Remember you can speak with our Financial Advice Team to support you with your retirement planning. At First Super, our qualified Financial Advisers can help you to achieve your financial goals, whether this be using your super to supplement your take-home pay, maximising any Centrelink benefits for which you may qualify, and discussing salary sacrifice contributions that may reduce your income tax while boosting your super balance.
If you have any other questions, please call our Member Services Team on 1300 360 988, or email us.
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