Consolidating my super for highend dating
If you are not, the first thing you can do is take it up with your employer.The Australian Taxation Office (ATO) can also help you with information and advice on your super entitlements and recovering any contributions your employer has not paid. Each account will typically have a fixed administration charge of at least 0 a year.While insurance coverage can be beneficial you should check to see you have the cover you want or need, particularly if you have more than one account.More than 25 per cent of people aged under 29 report they are not sure whether they have insurance cover, let alone knowing anything about its details. All you have to do is log into your My Gov account and go to the ATO section to view the superannuation accounts you hold.On average our clients have consolidated accounts with balances in excess of ,000.Please Note: this website deals purely with general advice only. Please read more information as well as the warning about General Advice by clicking on this link.Is this a student loan consolidation scam or legit company to work with? If you're even asking me, it means you went online, searched the company's name, or found my article on Student Loan Scams, and it raised a big red flag. There are many scams out there, and the CFPB, along with multiple government agencies, have issued warnings to be on the lookout.However, there are some good players out there as well.
As well, with each account there could be associated insurance cover, with deduction of premiums of 0 or more per account.
Better yet, if you login to My AMP all of your details will be pre-populated, making it even easier to consolidate your super and saving you time.
It’s important to consider your particular circumstances and read the relevant product disclosure statement before deciding what’s right for you.
ASFA CEO Dr Martin Fahy and young Australians discuss super – why it’s the best bet for saving for retirement.
Research by ASFA has found that young Australians aged under 30 years tend to have more money in their superannuation accounts than their bank balances, yet 40 per cent of young people have no idea what their super balance is and a further 16 per cent only have a vague idea.