Entering the workforce?
If you’re starting out in the workforce, super’s probably the last thing on your mind. Like most of us, hanging out with mates is at the top of the priority list. But there’s some quick things you can do now to make a massive difference later on.
Get your super together
If you’ve had part-time or even full time jobs before, chances are you’ve got super somewhere else. If you have, you’re probably getting hit with multiple sets of fees. Getting all your super accounts together with Cbus means you only get charged one set of fees. What’s even better is that Cbus’ fees are among the lowest in the industry. Find out how to rollover your other super accounts into your Cbus account.
Get free money from the Government
If you’re earning under $61,920 and you make an after tax contribution to your super, you could be eligible for up to $1,000 from the Government. Yep, retirement sounds like a long way off, but you’ll be amazed how much the money you put in now could grow to when you need it most. Find out if you're eligible for a Government Co-contribution.
Small regular amounts add up over time
Money can be tight when you’re just starting out in the workforce, but if you can afford it, it’s worth stashing away a bit of extra cash into your super each pay. It doesn’t even need to be much, but whatever you put in, you’ll thank yourself later on. Find out how you can put some extra cash into your super.
Check-out our super calculator
Cbus’ super calculator can estimate, based on what you earn, how much you could have when you stop working. If it’s not enough, you can change the amounts to see how much extra you can put in now to make a difference later on. Check-out Cbus’ super calculator.
