Retire in comfort. Boost your super today.
3 October 2011
With rising living costs impacting our ability to save, and inflation increasing the amount we need to save for retirement, it's time to be smart about how you build your super investment.
Four easy ways to maximize your super
You don’t have to hand over big sums of money from your wallet to ensure a decent standard of living in retirement so there’s no excuse!
1. Check that the super contributions on your pay slip actually hit your super account on at least a quarterly basis. You can monitor contributions to your TWUSUPER account online at MemberAccess. It's the law and the tax office will prosecute non-complying employers.
2. Keep your super together and rollover to TWUSUPER. There's over $19 billion in lost super in Australia. If some of it's yours, make the time to get it back. Ask our friendly Client Relations Officers how they can help you get your super together!
3. Use our Government co-contributions calculator to see if you’re eligible for a free super top up from the Government. If you are, then you need to contribute first. See below for a pain free way to go about it.
4. Make small regular contributions to your super. As little as 1% of your salary – that's $10 a week if you earn $1000 – can make a really big difference). And you really won't miss it. Learn about the big difference 1% can make.
How much super is enough?
The new ASFA Retirement Standard calculator can provide you with an estimate of how much you should budget for the lifestyle you want in retirement.
How do I go about investing a little extra?
Find out more about your contribution options and download a Top up your super fact sheet.
To arrange to make a contribution now (either regular or one-off), download a Voluntary contributions form, complete the form and return it to us.
Need advice?
As a member, TWUSUPER provides you access to affordable financial advice.
In fact, your first ‘single-issue’ super or pension advice, over the phone, is free. Fees for further advice can also be paid directly from your super account on your request.