How super works ; What we offer ... online portal allows you to manage your employer account details and submit employee super contributions to multiple super funds through the Cbus Clearing House (QuickSuper). Find out if the Government Age Pension plus your super will give you enough income in retirement. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. This means you don't have to pay income tax on money you salary sacrifice to your super, instead a 15% contribution tax is paid from your super by your fund for incomes under $250,000. For more information, please visit our COVID-19 page which is updated regularly. Work out how much you can save for your retirement. Super Guru has calculators to help you plan for your retirement and maximise your super. Challenger Super offers two investment options: ASIC said that the modelling used in ISA’s April campaign around the early release of super had been different to that used in its generic calculator, and had been corrected to reflect this after the corporate regulator contacted the industry fund advocacy group. Or use our online form to request a call from Advice Services. The default age at which your super will run out ('Run out age') is set to 92 in the calculator. Choosing a super fund is a big call. We have developed the SuperGuide Super fees and returns calculator to help readers understand the difference the fees they pay and projected returns may make over time. Uses default assumptions about future investment returns and inflation, which are considered reasonable at the current date based on long-term economic modelling (by Mercer Investment Consulting). NB: Continued use of GPS running in the background can dramatically decrease battery life. Our retirement planner calculator estimates how much super you will have when you retire as well as the anticipated gap between your estimated super balance and how much super you may need. LGIAsuper offers 30-minute Super Health Checks over the phone, video conference or in-person where we can help you discover new ways to grow your superannuation, and check that you are on track for a comfortable retirement. Data contained in these chart as at 30 June 2019. Super Projection Calculator; super projection . This calculation is based on your current investment and assets. “Anyone with a calculator knows that our super system makes workers worse off. The Calculator is designed to estimate your total retirement income, including benefits you may receive from the Age Pension and non-super investments. This cover is provided outside of your Cbus superannuation account, therefore premiums cannot be deducted from your superannuation account. Or speak to your financial adviser if you have one – they can help. Use this calculator to find out if adding a little extra into your super could reduce your income tax, get you a government co-contribution payment, and help you achieve your dream retirement. How much insurance cover do I need? In an industry-leading move, Cbus super has taken action to prevent opt-out life insurance cover within super from unnecessarily chipping away at the savings of its 700,000+ members. It’s a good way to get a sense if you’re on track for the retirement you want. 2 min read. © 2020 Cbus Super. Here you’ll find all important forms, reports, fact sheets and other publications to help you manage your super and … Superannuation guarantee contributions calculator. Media Super and Cbus Super, two of Australia’s top performing super funds, have signed a memorandum of understanding and will commence due diligence on a joint arrangement to be in operation in 2021. AustralianSuper’s Balanced investment option has an annual return of 9.37% over the last 35 years 1. Compare Cbus Super Income Stream and other Pension products at RateCity, Australia's leading comparison site ‎The Super Payment Checker is only available to registered Union Delegates and Cbus Coordinators for use on Cbus scannable member cards. The Super guarantee (SG) contributions calculator tool helps you work out the superannuation guarantee amount to pay to your employee's super fund.. For salary or wage payments made on or after 1 July 2014, the minimum SG contribution rate of 9.5% will need to be applied. In the meantime, if you have questions about insurance cover through your super, call us on 132 135. Calculators. The average member account balance for Cbus Super is $67,000. Calculators can be handy tools to help you explore your options, but if you’ve still got some questions… Jump online Our online guidance and advice tool for VicSuper members – Beeline – gives you tips and personalised coaching that can help you see where you are now, and where you want to be in future (and all at no extra charge for our members). Consider how you could … Find out more. Cbus offer superannuation solutions to three main groups – members, employers, and pensioners. Your estimated future balance is based on your current super savings, future contributions and an estimate of investment return over time. Salary Sacrifice Calculator. super projection This calculator will help show you what your super balance might be when you retire — and the results might surprise you. This calculator will help show you what your super balance might be when you retire — and the results might surprise you. Retirement planner. Cbus ABN 75 493 363 262. more. For more information: Call our friendly Cbus Accident & Sickness team on 1300 362 146. Super and pension age calculator. For more information: Call our friendly Cbus Accident & Sickness team on 1300 362 146. To help make the most of your retirement consider the benefit of being with a large, member-first fund, as well as the long-term returns and potential net benefits. Cbus is a $54 billion dollar fund primarily for workers in the building, construction and allied sectors. The default age at which your super will run out ('Run out age') is set to 92 in the calculator. Start calculating. You'll need to give your fund your tax file number (TFN) so they can accept contributions. As one of Australia’s largest super funds, Cbus is passionate about providing strong retirement outcomes for members and helping employers manage their business superannuation needs. Work out how much you need to be financially secure, protecting yourself and your family in the event of death or disablement. The comparison rate is based on a loan amount of $150,000 over a loan term of 25 years. LGIAsuper provides a number of tools, forms and calculators to help you make the most of your super. Different terms, fees or other loan amounts might result in a different comparison rate. Salary Sacrifice Calculator. ‎The Super Payment Checker is only available to registered Union Delegates and Cbus Coordinators for use on Cbus scannable member cards. It can be used alongside other investments and help provide you with some certainty when saving for your retirement. Working out how much cover you need is simpler than you think. All Employer SuperSite users have been migrated across to Employer Online. Making the right decision can have a significant impact on your future. Turn your super into a regular income stream. Latest articles We support local causes that help improve the … We’ve recently launched our new experience for Cbus employers: Employer Online. Work out how much your super could be worth at retirement, find new ways to contribute extra money, compare Cbus to the average retail fund and more with our super calculators. You may be able to minimise the amount of income tax you pay by putting aside an amount of your pre-tax salary into your Cbus super account. Super balance(s): ($) (max: $5,000,000)Employer contribution: (%) (min: 9.5%, max: 25%) If you are self employed, enter in 0% for employer contribution and enter all your contributions as voluntary contributions Formed in 1984, CBUS was one of Australia’s first super funds. Start now Small change big savings calculator. Our online portal allows you to manage your employer account details and submit employee super contributions to multiple super funds through the Cbus Clearing House (QuickSuper). Co-contribution Calculator. 3 min read. This is the formula we’ve used in our calculator, except where you’re not working before retirement. This tool helps you estimate how much super guarantee your employer should have paid for you. Estimate your future super balance. Find out more about how to withdraw from your super and access to the Age Pension. Work out how long you’ll be able to sustain your current way of life, while still enjoying those little extras in retirement. See the difference saving small amounts you spend on everyday items may make to your super and retirement lifestyle. Virgin Money Super is issued by Mercer Superannuation (Australia) Limited (MSAL) ABN 79 004 717 533 AFSL 235906 as trustee of the Mercer Super Trust. Insurance Calculator. About three minutes. See the impact on your account balance when you compare Cbus to the average retail super fund, over the past 5, 10 or 15 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Illustrates the effect of variable factors such as superannuation contributions, investment returns and retirement income have on how much super you may have when you retire and how long it may last. Most of us are underinsured. 5 min read. How to pay yourself super. To calculate your Age Pension entitlements we need to ask a few quick questions about your Work Rating Wizard. Cbus Super member age overview (female) Source: APRA. This cover is provided outside of your Cbus superannuation account, therefore premiums cannot be deducted from your superannuation account. The ASFA Retirement Standard The Retirement Standard from the Association of Superannuation Funds of Australia (ASFA) says a 65-year-old retired couple needs $61,909 per year for a comfortable retirement, or $43,687 for a single person (June quarter, 2020). Our retirement planner calculator estimates how much super you will have when you retire as well as the anticipated gap between your estimated super balance and how much super you may need. Estimate my super. All rights reserved. Processing delays are expected due to Christmas and New Year public holidays. Member login. Insurance Premium Calculator. This calculation is based on your current investment and assets. Illustrates the effect of variable factors such as superannuation contributions, investment returns and retirement income have on how much super you may have when you retire and how long it may last. Find out your income when you retire. Super calculators. You can also choose to factor in super details for your spouse or partner (if applicable) and see the impact of a career break or move to part-time work on your projected super balance. Find out the most tax-effective way you, and your partner, can collectively contribute to your superannuation. © 2020 Cbus Super. 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