Hi team. I received a message saying that my Super may be sent to ATO if I didn't opt in by the end of the month. I'm still learning the systems here in Aus as I'm from overseas. This was new information to me as I had assumed that any money you earned would stay untouched until you were able to access it. I now have 2 super funds and the message I received was pertaining to the money from my fund from my first job (I left this role 2 years ago).
Two questions:
1) Is it common practice for money to be sent to ATO if there have been no employer / employee contributions after x amount of time?
2) As I mentioned, I have two Super funds. I would imagine that it's easy enough to transfer the money from the first fund to the more recent one? I thought this would be the most logical step as opposed to having two separate funds.
Thank you :)
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