ATO Lost Super Search: Who Qualifies and What You Get
Find and recover money from forgotten superannuation accounts if you have moved between jobs frequently.
This service helps you locate superannuation accounts that may have been left inactive due to changing jobs over time.
Who it's for
This service is designed for anyone who has moved between different employers frequently throughout their working life. If you have changed jobs many times, you may have several different superannuation accounts that you are no longer actively contributing to, which can lead to your money becoming "lost super."
What you get
By using this search tool, you can identify these inactive accounts. Once found, you can begin the process of consolidation, which involves bringing all your different superannuation balances together into one single account. This helps ensure all your retirement savings are in one place and working for you.
What it costs you
There is no cost to use this search service. It is a free tool provided to help citizens locate their funds through the official digital portal.
The catch to know
A common issue when managing multiple accounts is the impact of insurance premiums. You should check whether insurance premiums are being deducted from multiple different accounts simultaneously. If you have several accounts, you might be paying for the same type of insurance multiple times, which can slowly reduce your total savings.
How to apply
- Access the official government portal.
- Log in to your secure digital identity account.
- Navigate to the section dedicated to superannuation.
- Follow the prompts to run a search for any unclaimed or lost funds.
- Once your accounts are located, follow the provided steps to consolidate them.