changing jobs? take us with you wherever you go
If you’ve started a new job – or you’re about to – staying with HESTA is simple.
starting a new job?
Your new employer may automatically set up a new super fund for you unless you tell them otherwise.
A new super fund with every new job means you'll end up with multiple super funds, which also means multiple fees being taken out of your super.
Take your HESTA super with you
becoming self-employed?
You can still stay with HESTA
If you’ve become self-employed, you can still stay with HESTA and add contributions into your HESTA account.
It’s generally up to you to add money into your super if you’re self-employed. While adding to your super might not be at the top of your to-do list, it’s important not to put off building your super. Every little bit you put into your super now is invested and, over time, can really grow your savings.
Most people who are self-employed or contracting can contribute up to $25,000 per year into their super account and your super contributions can be claimed as a tax deduction. Find out more in How super works (pdf).
You can set up one-off or recurring payments into your super account, just like you would any other payment from your bank account. You’ll just need your BPAY® biller code and reference number for your HESTA account.
- Log in to your online account and go to the ‘Contribute extra’ tab, OR
- Download your digital member card.
How to claim a tax deduction for your super contributions
You may be able to claim a deduction for personal after-tax super contributions into your account. The contributions you claim a tax deduction for are considered before-tax contributions, also known as concessional contributions. This means they’re taxed at 15%. Once you've made your contributions, you need to let us know that you’d like to claim a tax deduction for these contributions by completing the ATO form and mailing it to us before (whichever of the below comes first):
- the date you lodge your tax return, OR
- the end of the financial year after the contribution was made, OR
- you withdraw your super from HESTA, OR
- you commence an Income Stream.
For more information, visit ato.gov.au/super
stay with a top super fund
Strong long-term returns
You’re with a top performer. Our Balanced Growth investment option has delivered an average annualised return of 8.01% over 10 years*.
Profit to members
We’re an industry super fund. That means we work for you – not shareholders. We keep your fees down and our costs low, and we don’t pay commissions.
Investing in today, and tomorrow
We invest in the future of our industry, your community, and our planet. From health and aged care infrastructure to clean energy and affordable housing, your super will shape a better tomorrow.
Expert help
You can get super help and advice on your terms, at no extra cost – it’s all part of being with HESTA. Access it whenever and wherever you like: online, over the phone, through an information session or face-to-face.
Insurance for you and yours
You’ll have access to affordable cover that protects you and your family. From income protection to death insurance, we’ve got you covered.
already have multiple super funds? keep your super together
Your super is your money. Just like any savings account, the more that’s in it – the more it can earn. That’s why it’s important to keep all your super together, in one happy place.
Combine online - it's easy
Find other super you might have and easily combine into your HESTA account. Just log in to your account and go to the ‘Combine’ tab. It will only take a few minutes. Make sure you have your identification details handy.
Need help?
Need help choosing to stay with HESTA or setting up contributions into your HESTA account? Reach out to our team - we’d love to hear from you.
* Annualised return as at 30 June 2020. Visit Super performance for up-to-date performance information. Past performance is not a reliable indicator of future performance. The returns shown are net of investment fees, indirect costs and taxes.