If you are 65 years old or lost where your superannuation is
the ATO will have it.
If you do not claim it within 5 years you lose it. (it is stolen / embezzled from you)
see
http://www.afr.com/home/login.aspx?ATL://20091019000031677937§ion=Financial%20Servicessee
http://www.ato.gov.au/print.asp?doc=/Content/19155.htmsee
http://www.ato.gov.au/individuals/content.asp?doc=/content/16442.htmIt is very simple to find lost super (although they don't update the database once you have found it & amalgamated it with your other super). Many super websites (or even your favourite search engine will find our lost super).
Scott No Mates wrote:It is very simple to find lost super (although they don't update the database once you have found it & amalgamated it with your other super). Many super websites (or even your favourite search engine will find our lost super).Unless you reach 65 years of age because it is automatically transfers to the ATO and you have to apply to the ATO to get it back
and if you do not do it within 5 years after the transfer it goes from ATO to be absorbed into treasury funds.
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