Changing jobs? Make sure you don't lose your super

If you've changed jobs, done casual or part-time work, moved house or changed your name, then you could be one of the many Australians who have some lost or ATO-held super waiting to be found.

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Your super account will generally be considered 'lost' if:

• No contributions or rollovers have been added to your super account in the last year and either your super fund never had an address for you, or mail sent to you by your super fund has been returned unclaimed,
• or for employer default super plans, no contributions or rollovers have been added to your super account in the last five years.

If your super account is considered lost it could be transferred to the ATO if:

• your account balance is less than $2000, or
• your super fund is unable to identify you as the owner of the account based on the information reasonably available to them.

Your super could also be transferred to the ATO in certain other circumstances.

How can you find it?
Have your tax file number handy and use the ATO SuperSeeker service.

Source: www.bt.com.au