Superannuation

What is superannuation?

Superannuation, or 'super', is money put aside by your employer over your working life for you to live on when you retire from work.

Super is important for you, because the more you save, the more money you will have for your retirement.

You can only withdraw your super money in certain circumstances – for example, when you retire or turn 65 years old.


Want help choosing a super fund?

Moneysmart has a comparison tool. Make sure you look for low fees, this will make a huge difference over your working life.