Chances are you’ve already got a super account, one that perhaps an employer set up for you years ago. But let’s face it, it’s probably been gathering dust because it no longer meets your needs. It’s time to try out a fund that’s more self-employed specific. It’s time to try out GigSuper...
With GigSuper you get two accounts: a Saver account and a Super account.
Hook up the Saver account to your bank and start saving weekly.
You can start with as little as $10 a week and you can access the money in your Saver anytime.
Once a quarter, we’ll transfer money from your Saver into your Super to build your retirement savings.
You can set yourself up with a buffer so that some money always stays inside your Saver account and you can withdraw it if you need to.
With GigSuper you can automatically generate a Notice of Intention to Claim every time money is transferred from your Saver account into your Super account.
We’ll then email you a receipt at tax time to forward onto your accountant.
“Just signed up for GigSuper and I'm so excited to just have it automated! It's the only way I get money stuff done. So, it looks like I might even retire one day. Feel like a proper adult now.”
– Ami Williamson
“I found that as a sole trader, being that someone that puts alot of time and effort into your business operations daily, my firsthand experiences with large superannuation funds was cold and disheartening. My options seemed very limited and my contributions ill-treated over time. Using GigSuper I feel confident. I know now that I have options and this makes me positive about my future as a sole trader. I only wish that I had known about this superannuation fund when I began working for myself. More people need to know about Gigsuper!”
– Alex Shearer
“I like the consistent contributions each week - the set and forget. Yes I had an autopayment via Bpay set up with Sunsuper but it was easy for me to delay. Also having a super fund that is geared towards solo/small business owners - understanding that a little can go a long way and making the small contributions is a good way to get rolling.”
– Korryn Haines
GigSuper is designed to reduce complexity and overwhelm. Jargon is replaced with everyday, human language and you’re supported with helpful tutorials that guide you through your GigSuper setup.
But the best part is, every GigSuper member gets allocated an account manager. Someone you can reach out to anytime and ask for assistance with your super. You’re not in this alone.
“I came across GigSuper and immediately resonated with the content - I felt understood and spoken to - so from there it was just a case of being like 'okay, they're a super fund, they're not scary, they don't use big words... let's go.”
Science shows human brains are wired to find short-term pain much more drastic than the prospect of long-term gain.
In other words, it’s hard to part with today’s money for the sake of tomorrow’s rewards. (Even if you’re the one to reap those rewards)
But the good news is, research also shows it’s easier to do it if you automate the saving. AND if you break it down into smaller pieces.
For example: Putting away $20 a week is easier than forking out $80 a month – and even more bearable still, than parting with $960 at the end of the year.
That’s why you get TWO IN-BUILT GigSuper accounts: a Saver account and a standard Super account.
You hook up the Saver account to your bank and start saving weekly. You can access the money in your Saver anytime. Then, once a quarter we’ll transfer money from your Saver into your Super to build your retirement savings.
But the highlight of this feature is that you can set yourself a Buffer Amount – holding back some money when that quarterly transfer happens (so you always have a buffer, just in case).
“As a result of using GigSuper I’m feeling much more in control of my super and feeling confident of being able to continue making regular contributions. this is a result too of having the ability and the choice to withdrawal funds from the Saver account should cash flow be an issue and from having easy access to a simple but functional online portal.”
– Jo Shorrock
Did you know that you can use super contributions to slash your tax bill?
You see, money made from earnings that's put inside super is taxed at 15%, versus outside of super where it's taxed at your marginal tax rate (which for the average Aussie is 32.5%):
However, when you’re self-employed and making personal contributions, it’s really important to note that:
If you want the earnings you contribute to super to be taxed at 15% – instead of your marginal tax rate – you have to claim your contribution as a tax deduction.
The way to claim your Personal Contributions as a tax deduction with most funds is:
Even though it’s often worth doing, the manual, tedious nature of it can put people off.
Which is why GigSuper has automated the process.
When you set up your GigSuper account, just tell us whether you want to claim all your contributions as a tax deduction. If you choose ‘Yes’ there’s no paperwork required – we’ll automate it for you and send you what you need come tax time.
“As a full time wedding photographer, starting my own financial journey has been difficult without help. With Gigsuper, it takes off my mind about contributing and investing for my future with the direct debit option, I also found myself getting excited to pour more money into my super account because of the tax benefits! Paul and the team has been very generous with their time in helping me kickstart my retirement journey.”
– Kenny Ngoo
“As a bookkeeper, I’m aware of the importance of looking after my own tax and super needs, and love how you guys at GigSuper make it SO easy to contribute (and then to fill out everything for it to use that as a tax deduction at EOFY). Honestly, you guys make it SO super easy, it’s a no brainer! Love the mobile-optimised experience which makes signing up and entering details SUPER easy 🙂.”
– Deb Rowling
Join - There’s no need to complicate things. Join GigSuper with just your name and email to check out the automation features.
Set up - Use our guided tour to see how easy it can be to set up the 3 main parts of self-employed super: weekly saving, quarterly contributions, tax related admin.
Automate - Happy with your setup? Fill in the rest of your details to kick off the automation and get back control of your super (start saving as little as $10 a week).