1 Super Essentials
Multiple super account cost you more in fees and reduce your retirement savings, so think about whether it’s smart to roll them into a single account.
4 Steps
- Ask your fund if you will lose any benefits by leaving the fund such as additional contributions your employer is making or future defined benefits.
- Investigate if you will lose valuable insurance cover if you close an account.
- Decide which super fund will be your main account.
- Log in to your myGov account and use the ATO tools to transfer your money to your main account.