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What is a Superannuation Savings Account?

See all Superannuation Savings Account FAQs

Last updated 15 April 2014

The Superannuation Savings Account is a simple, capital guaranteed, low cost super account.

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.

For information on conditions of release, see the ATO website.

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