Consolidate multiple super accounts
If you've had multiple jobs, you may have multiple super accounts. Each charges fees. Combine them to save money.
Why this matters
Multiple accounts mean multiple fees. Over 30 years, this can cost you $50,000+ in lost savings.
How to do it
How to do it
- 1
Log into myGov and link to the ATO
- 2
Go to 'Super' and see all your accounts
- 3
Choose your preferred fund to keep
- 4
Use ATO's consolidation tool to combine them
Check exit fees and insurance before consolidating. Some funds charge or you may lose valuable insurance.
Time required: 20 minutes online
Go to official resource