Build your tomorrow with CareSuper
When you retire with CareSuper, you can be confident you’re investing your retirement savings with an award-winning industry super fund that has low fees and strong performance over the long term.
Our flexible retirement income accounts let you invest your super so you can draw a regular income from it. You could open one type of account, or a combination of accounts, to cover your short-term and longer-term retirement income needs.
How to apply for a CareSuper retirement account
Here’s a snapshot of your retirement choices with CareSuper, and how to apply for one or a combination of them.
Once your retirement account is open, you won’t be able to add more funds to it. If you’re a CareSuper member, go to ‘Find my super’ in MemberOnline to find and combine super from other funds to your CareSuper account. Otherwise, ensure you list all other transferring funds in your application form.
If you made any personal (after-tax) contributions to your super in the current or previous financial year, which you want to claim a tax deduction for, ensure you submit your Notice of intent to claim before you apply for a retirement account. You won’t be able to claim a tax deduction once you transfer your super balance to your new retirement account.
Be mindful of the ‘Transfer balance cap’, the limit on the total amount of super you can transfer to your retirement account. The current transfer balance cap is $1.9 million, as of 1 July 2023. You can see your personal transfer balance cap using ATO online services in myGov. Find out more at Contribution limits.