Lost super refers to superannuation funds that remain unclaimed. This typically occurs when super funds can't contact their member due to outdated details, when an account hasn't received contributions for a specific period, or when small balances linger in inactive accounts.
- Multiple job changes leading to multiple super funds.
- Relocating without updating address details with the super fund.
- Name changes after events like marriage without notifying the super fund.
Lost super can be found and reclaimed by checking with the Australian Tax Office (ATO) or using tools like SuperSeeker.
Regularly update your contact details with your super fund to prevent your super from becoming 'lost'.
If you have any questions, please don't hesitate to contact us.