Almost $18 billion in lost and unclaimed super is waiting for Australians to pick it up.
The Australian Taxation Office is urging people to check whether any of the current $17.8 billion pool belongs to them.
ATO Deputy Commissioner Emma Rosenzweig said the ATO wants to reunite people with their lost and unclaimed super. “Since 2021, the ATO has reunited almost $6.4 billion of unclaimed super with its owners. But there is still more than $17.8 billion waiting to be found,” she said. “If you’ve changed jobs, moved house or simply forgotten to update your details, you may have lost or unclaimed super.”
“We’re urging Australians to check if some of the $17.8 billion in lost and unclaimed super belongs to them.”
She said even retirees might have a claim, with the ATO holding $471 million on behalf of people aged 65 or more.
The first step is checking your super account details, either online or by contacting your fund. The ATO offers a five-step checking process online they say takes just minutes to complete. For more information visit Super Health Check on the ATO website.
