Yes! You might also have heard the terms ‘rolling in’ or ‘rolling over’ your super, or ‘consolidating’ your super, or ‘transferring’ your super. All this basically means is moving super you have from other super accounts, that you or previous employers set up for you, into your Vision Super account. And it’s really easy to do.
Before combining your super, you should check the impact on any insurance arrangement. Such as the loss of insurance or other benefits and you should also consider whether you will be charged any fees.
Could some of it be yours? Join Vision Super and we can help you find any lost super or unclaimed super you may have.
^Source: ATO website 30 June 2019
It’s really simple to transfer other super accounts to your Vision Super account.
First, if you do have insurance with another fund and you want to keep that insurance, you’ll need to transfer the insurance to your Vision Super account first, before transferring the account balance. Otherwise, you may lose that cover. Simply download and fill out the Insurance transfer form and we’ll let you know when it’s been transferred across. Then you can roll-in your money.
There are three ways you can transfer your super to us, but the easiest is to log into Vision Online and search for your other funds using the SuperMatch service. Click the Transfer/rollover link once logged in. Any other super funds in your name will be displayed, and you can choose which accounts you’d like to transfer to your Vision Super account.
Alternatively, if you prefer, you can use our online form and submit your details to us, or download and print a transfer form and complete it by hand.
Our search uses the ATO’s SuperMatch service. Any other super funds in your name will be displayed, and you can choose which accounts you’d like to transfer to your Vision Super account.
Add your details to our online form, select your funds from a drop down list and then submit. We’ll complete the transfer(s) for you and let you know when finalised.
Download and print off a paper transfer form. Fill it in by hand and then mail it to us.
You might find the answer to your question in the FAQ below. If you don’t find it there, you can call our Member Services hotline on 1300 300 820. Or complete the quick contact form and one of our team will contact you within the next two business days.
It depends how your details have been changed. The most common request is changing a surname due to marriage, which you can do with a certified copy of your marriage certificate, and a Vision Super “Change of Personal Details form” found here: view form
If you have changed your name another way, we recommend you contact us first on 1300 300 820 so we can outline what documents we need to change your details without issue.
If you want to change your address, you can do this by logging onto the secure member portal online, or calling our Member Services team on 1300 300 820.
Here’s how it works. You may be able to receive a tax-free contribution from the Government when you make a non-concessional (after-tax) contribution to your super account. The maximum entitlement that can be received is $500 where your total income is $39,837 or less in the 2020/21 year. This reduces on a sliding scale and cuts out if your total income is above $54,837 in the 2020/21 year.
This is, of course, provided you satisfy work, income and age tests.
Please note that the income threshold test for the co-contribution is your total income, which is calculated as follows:
Total income (assessable income + reportable fringe benefits + reportable employer super contributions – allowable business deductions).
In very basic terms, ‘salary sacrificing’, or ‘salary packaging’ means using some of your before-tax salary to pay for something. In superannuation terms, it is usually an arrangement between you and your employer to contribute some of your before-tax salary into your superannuation account.
In the 2020/2021 financial year, the maximum that can be contributed as before-tax payments is $25,000, this includes your employer SG payments of 9.5%.
If you’re contributing by BPAY, it can take Vision Super up to two business days to receive your contribution, then up to three business days to process, although most are done the same day they are received. This will depend upon your financial institution’s processing times.
If you’re contributing by cheque, you will need to allow enough time for your chosen postage method to reach us. Once it has arrived, it can take up to five working days to process.
We can also process contributions by EFT, however, this may take up to three business days.
Best Doctors can help you if you are dealing with an illness, or a chronic or serious condition.
Through your insurance, you and your family get access to Best Doctors which connects you with a network of 50,000 leading medical specialists from around the world. It offers a second opinion when you need it most, to make sure you received the right diagnosis and are on the best treatment plan. You can use Best Doctors at anytime, anywhere, as often as you need for no extra cost, and it’s completely confidential.