Announcements
We understand 2020 has been difficult and we're here to try and make it easier during tax time. Search posts, read articles or ask a question.

ATO Community

unclaimed super due to a death benefit

Highlighted

Newbie

Views 400

Replies 3

Hi, does anyone know how long the ATO keeps hold unclaimed super for? Is there a time limit for someoe to claim the money back from the ATO? 

This is in the situation where the death benefit cannot be paid to a beneficiary as they cannot be located but we are aware that a child beneficiary exists. 

1 ACCEPTED SOLUTION

Accepted Solutions
Highlighted

Best answer

Taxicorn

Replies 0

@BusyLizzie13 

 

Yes you are correct, I didn't read all the this article.

3 REPLIES 3
Highlighted

Taxicorn

Replies 2

@BusyLizzie13 

 

If the Death benefit hasn't been paid then the super company still has it not the ATO?

 

Highlighted

Newbie

Replies 1

If they can't locate the beneficiary and there is on one else to pay the benefit to, they will make the payment to the ATO as unclaimed super.  

Highlighted

Best answer

Taxicorn

Replies 0

@BusyLizzie13 

 

Yes you are correct, I didn't read all the this article.