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Over 65 and super

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Replies 2

If I am over the age of 65 and have closed my super account and then do some paid casual work do I have to open another super account (I use an Industry Super fund)?

1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

ATO Certified Response

Devotee Super Specialist

Replies 0

Hi @geoff2boys,

 

If you are receiving Superannuation Guarantee from your employer, this must be paid to your complying super fund or retirement savings account (RSA).

 

As you’re over the age of 65, you will have access to your funds at any time.

 

You can find more information about the Superannuation Guarantee on the ATO’s Super from your Employer page. You may also find QSuper’s What is Superannuation page helpful.


Thanks
Hailey

2 REPLIES 2

Taxicorn Registered Tax Practitioner

Replies 0

If you earn more $ 450+ per month ordinary time earnings, then your employer is required to pay super.

 

No age limit any more.

Most helpful response

ATO Certified Response

Devotee Super Specialist

Replies 0

Hi @geoff2boys,

 

If you are receiving Superannuation Guarantee from your employer, this must be paid to your complying super fund or retirement savings account (RSA).

 

As you’re over the age of 65, you will have access to your funds at any time.

 

You can find more information about the Superannuation Guarantee on the ATO’s Super from your Employer page. You may also find QSuper’s What is Superannuation page helpful.


Thanks
Hailey