I contributed more to my super by mistake. The excess will be taxed at the non-concessional rate. I was told that the ATO will give me an option to refund the excess or to keep it in super. What is the process for getting the refund? Do I need to talk to my super fund
Make the correct election on the excess super notice that will be sent to you.
You mention in your post that "The excess will be taxed at the non-concessional rate".
This means you have used up even your 5 years carry forward limit.
The ATO has a process called excess concessional contributions (ECC) assessment, where you can request your super fund to release 85% of the excess.
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