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"Over the years you have been working, you may have had multiple employers, changed your address or your name. This make's it very easy to lose track of your superannuation"
Over the years you have been working, you may have had multiple employers, changed your address or your name. This make's it very easy to lose track of your superannuation. Having multiple super accounts means multiple fees, so it is important to be aware of what super accounts you have. You should also be aware of how much your employer is contributing and what insurance your super funds provide you with.
The easiest way to keep track of your super is through a MyGov account. On here you can;
- See the details and balances of all of your super accounts. There may be some on there you even forgot about.
- Rollover super funds from these forgotten accounts into the super account of your choice.
- See super held by the ATO. If the government, your super fund or your employer can't find an account to transfer your super to, the ATO will hold it on your behalf.
- Consolidate super accounts by transferring your super into your account of choice.
If you wan't to talk to a Financial Planner about optimising your superannuation...