The Australian Tax Office (ATO) will be contacting 80,000 individuals, starting this week, to alert them of unclaimed super.
An email campaign will alert members about ATO-held unclaimed super money from 5 April. On 16 April, 20,000 letters and SMS will be sent.
The ATO currently holds unclaimed super money for around 5.38 million accounts, totalling $3.75 billion as at 30 June 2017. These alerts will form part of a number of strategies used by the Tax Office to reunite individuals with their unclaimed super.
To claim unclaimed super money, individuals must create a myGov account which is linked to ATO online services.
If you need assistance with unclaimed super, do not hesitate to contact our office today.