Do you have lost or unclaimed Super?

With recent legislative changes, if you have lost or unclaimed Superannuation the ATO can hold untouched super accounts with balances of up to $2,000. Superannuation fund providers have until May 31, 2013 to transfer untouched super accounts to the ATO. Once transferred to the ATO you will lose any insurance arrangements you have with your fund.

The process of claiming your lost super back from the ATO may be time consuming. Therefore if you have any lost Super act now before the transfer occurs.

 

You can locate your lost super by doing a search at the following web address (Note you will need your Tax File Number to do this):

 

http://www.ato.gov.au/individuals/content.aspx?doc=/content/33301.htm&alias=superseeker

If you find any lost super you can complete an application to transfer the funds into the Superannuation fund of your choice.