Under Australian law, employers must pay 9.5% of their wages * (up from 12% each year in 2017) to an individual employee's superfund account, which does not seem to be much. But the decade or two accumulated, coupled with the benefits of superfund's investment in your company, can be a large sum of money and a good guarantee for your retirement. At the same time, if you decide to leave Australia, this large amount of money can also be withdrawn from the full amount of cash from the superfund.
In real life, however, many partners don't know how much money they have in their super accounts because they don't pay attention, or because they change jobs, let alone which company manages their super.
Today's popular science post, step by step to teach you how to find your super account.
Tools / raw materials
- A computer capable of surfing the Internet
- Your own tax number, (TFN), name, birthday information
Methods / steps
First, create a myGov account (step 1 / 7, where a partner who already has an myGov account can log in directly to myGov, from step 8)
Second, link your ATO account to your myGov account (step 8 / 11)
Third, go to ATO via myGov to query the super interface (step 12 / 14)
Specific steps:
1. Log in to the ATO Web site in your browser: https://www.ato.gov.au/Forms/Searching-for-lost-super/, pull below, locate the Howelse can I search for lost and unclaimed super column, and click myGov
2. Click on myGov, enter the myGov interface, click createa myGove account to create the myGov account, for those who already have a myGov account can skip this step (you can go directly to step 8).
3. Go to the myGov account creation page, step one, fill in your mailbox at the first arrow, and check I acceptthe myGov terms of use.
4. The second step is to create the myGov account and fill the box with the passcode received by the mailbox.
5. Create myGov account last step, fill in mobile phone number, set password and password protection problem, there are 3 password protection problems, you can drop-down the problem that has already been preset, or choose to write your own question.
6. Once the myGov account is set up successfully, you will see a prompt for success, showing your email and myGov username, which can be used to log in to your myGov account. Click Next.
7. Clicking on Next will pop up and recommend that you log in with the myGov security code (figure below), with the option of Skip skipping or Next. Select Next will require you to enter the mobile phone number, the system will send your phone number a passcode, will be able to enter the authentication code (note: if you choose to log in with a secure code, each time you log in to myGov to enter the authentication code received by the phone).
8. Once you have set up your myGov account, log in and display the welcome interface, and click on Add your first linkedservice below
9. As you can see from the click, the account does not yet link to any government services (because it is a newly registered account, the old user may have already linked), and find AustralianTaxation Office, in the service by clicking on the green Link button.
10. After clicking link, pop-up prompt box We'll also create your Profile, click Next, to enter the link ATO account step, the system will ask you if you have a ATO online account, if there is a check YES, did not or is not sure check NO. Click Next. after selection
11. After clicking NEXT, fill in the tax number (Tax file number), first name, (Givenname), surname (Familyname) and date of birth, and check Iagree to the term and conditions of use, last click on Next, to successfully link to your ATO account to your myGov account.
12. After the successful link to the ATO account, return to the myGov interface, click service, should show the ATO account link success, as shown in the blue box below. Click on AustralianTaxation Office, at this point to link to ATO to view all your own super accounts.
13. Click on the Australian Taxation Office, page to jump to the ATO interface, click on the top menu bar Super-Superaccounts, to see all of your own super accounts, as well as the management company of your super account and its website and contact information.
14. The user, for example (see chart below), has three super fund, and many pensions under each super account, with three significant super account management fees per year. By consolidating these three superfund, you can effectively reduce the administrative costs of superfund (be sure to consult the super account management company about the transfer and exit costs before you do the super account consolidation, so as to avoid additional losses. Or seek professional advice from your financialplaner).
It's over. This post was updated in February 2017, and the above-mentioned method may change as a result of the adjustment of the government website.
