Do you have $220,000 in a lost super account?
Yes, that sounds incredible but the Australian Tax Office announced in November 2018 that there is an unclaimed (lost) superannuation account holding approximately $220,000! That’s enough to make you find out if it could be yours – or a family member’s?
Anyone who has changed their name, address or job (that accounts for a few of us!) could have some money sitting in a super fund and totally forgotten about it. It might not be $220,000 but you never know what you might find.
It’s worth taking a few minutes to look. To find out more, you can start here: https://www.ato.gov.au/Individuals/Super/Growing-your-super/Keeping-track-of-your-super/.
Contact our team of Superannuation experts for any planning, questions or queries. Contact us on (02) 4933 6888 to make an appointment with our friendly team.