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:

• no contributions were received into your super account; and
• you haven’t changed your insurance cover, switched investments, made or amended a binding beneficiary nomination on your account, or completed an ATO declaration form.

If your account meets the above criteria, it will be transferred to the Australian Taxation Office. Click here to 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.

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 rolling in your lost super can help it to grow faster, too.

At First Super, we have a team of qualified Financial Planners 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.

Visit firstsuper.com.au/advice/financial-planning-team to book an appointment today.

If you have reached your Preservation Age and decided to stop work permanently, you can open a First Super Allocated Pension Account.

This account allows you to:

• receive a regular income
• draw lump sum payments
• take care of beneficiaries.

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.

Visit firstsuper.com.au/advice/financial-planning-team to book an appointment today. For more information about opening a First Super Allocated Pension Account click here.

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:

• reduce your working hours
• retain the same level of take-home pay, if required
• boost your super
• benefit from tax advantages.

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, 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.

Visit firstsuper.com.au/advice/financial-planning-team to book an appointment today. For more information about Transition to Retirement click here.

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.