What is it?

Salary sacrifice is a way to save on tax and boost your retirement savings by making extra super contributions from your before-tax pay. For the full story, download our Salary Sacrifice guide.

How does it work?

You simply ask your employer to add an extra amount to your super out of your before-tax pay. Your income tax is calculated on what’s left and, because this has reduced, you pay less tax.

Even better, because super contributions are taxed at a lower rate (15%) than ordinary income, it’s a cheaper way to add to your super compared to making after-tax contributions. Over the long term, this difference can really add up.

So what’s the secret?

The secret is – it’s not really a secret. It’s just that most people don’t realise how easy and effective salary sacrifice can be, and so they never take advantage of it.

Where can I find more information?

Want to get in on the salary sacrifice secret? Read more on our Salary Sacrifice page.

Our online advice tool, Super Adviser, can help you calculate the potential tax benefits of salary sacrifice and compare it to other options for topping up your super.

And for all the inside information and some examples of the difference salary sacrifice can make to your future, download our Salary Sacrifice guide.

Want to talk to one of our Member Services consultants or make an appointment with a financial adviser? Call us on 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday, and we’ll be happy to help.

So what’s the secret?

Consolidating your super can be a great way to build your retirement savings but, until now, getting it all together sometimes involved a lot of time and effort. The good news is, we’ve created an online rollover tool that makes bringing all your super to HOSTPLUS much simpler. It even does most of the paperwork for you.

Why should I bring all my super together now?

The more super accounts you have, the more sets of fees and insurance premiums you have eating into your savings. This can cost you thousands over your working life. Move all your super into your HOSTPLUS account and you’ll only pay the one member fee of $1.50 per week – one of the lowest in the country. It may seem small but it could make a massive difference to how much you retire with, especially if you start now.

Bringing your super together can also mean less work for you and greater control of your savings. Once you’ve consolidated you only have to manage one set of super paperwork and update your details once if you move address. Plus it can be easier to monitor your investment strategy with your super all in the same place. Find out more about the benefits of consolidating here.

What makes HOSTPLUS a quality choice?

As an Industry Super Fund we’re run to benefit members like you. We don’t pay commissions to financial advisers or dividends to shareholders – that’s why we can keep your fees low so more money stays in your account. We’re also highly regarded by our industry peers, having been awarded Your Money magazine’s Super Fund of the Year in 2011. And as a HOSTPLUS member you’re entitled to a range of extras so you can benefit with us today.

How can the rollover tool help me?

All you need is your Tax File Number and HOSTPLUS member number and the tool will find all your super for you. We’ll then email you all the necessary paperwork instantly – already completed. You just need to print and sign your forms and return them to us with your proof of identity. Simple.