The Superannuation Savings Account (SSA) is a simple, capital guaranteed, low cost superannuation account. The SSA is currently unavailable for new customers but we are committed to supporting our existing customers.
The money you put into your Superannuation Savings Account is capital guaranteed by the Commonwealth Bank, which means it is safe from market fluctuations. As a complying Superannuation product (under current Government legislation), a condition of release must be met before withdrawals from the account can be processed.
In 2019, a new super law came into effect, Protecting Your Super. Its aim is to ensure super accounts aren’t being eroded by fees and insurance premiums. Below is a summary of what this means for your super – and what you need to do.
1. Check if your super is on track to meet your retirement objectives.
2. Grow your balance
Your financial wellbeing is our highest priority. We’ve put together some information to help you understand your super and get your retirement savings on the right track.
Key account information
It's never too early to think about the lifestyle you want when you retire.
Superannuation isn't something you set and forget. It pays to review and adjust it as you go through life.
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. Please see the Tax and other information brochure for Commonwealth Bank Superannuation Savings Account, available by visiting commbank.com.au/ssa or by calling 13 2015.
Commonwealth Bank of Australia ABN 48 123 123 124 AFSL 234945 (Commonwealth Bank) is the issuer of Superannuation Savings Account. Superannuation Savings Account is capital guaranteed by Commonwealth Bank.
Superannuation Savings Account is administered by AIA Australia Limited ABN 79 004 837 861 AFSL 230043 (AIA Australia). AIA Australia also provides insurance benefits available through the Superannuation Savings Account under a group policy held by the Commonwealth Bank. AIA Australia is not part of the Commonwealth Bank Group.
