How do you find lost super?

The ATO has reported that at 30th June 2017, there was $18,000,000,000 of lost super within 6,300,000 lost super accounts.  That’s an average of almost $3,000 per account!  So how do you find lost super?

Whilst super funds hold lost uncontactable and lost inactive accounts, the ATO holds unclaimed super monies.

You currently have two ways to find lost super:-

  1. Complete and send off the Searching for Lost Super form – which you can access at https://www.ato.gov.au/Forms/Searching-for-lost-super/
  2. Log into your or open a myGov account – https://my.gov.au/LoginServices/main/login?execution=e1s1

Most of these unclaimed super accounts tend to belong to younger people. Perhaps you may wish to check whether your kids know where all their super is.  Or perhaps they should just lodge an enquiry anyway – they have nothing to lose and the application won’t cost anything.

At MRS, we will spend today planning for your success tomorrow.

 

At MRS, we will spend today planning for your success.