The superannuation is a long term saving account, that is, a benefit for your retirement.
In 2002, superannuation regulations changed to allow temporary residents to access their superannuation funds from as far back as 1994 if they permanently leave Australia.
If your employer has contributed to a superannuation institution and you hold a Student Visa, Working Holiday or Sponsored Visa and you are leaving Australia, you have the right to claim for your SUPERANNUATION REFUND once you are out of Australia and you visa is cancelled or expired.
And we from ALLTAX can organise this SUPER REFUND for you!!!
Did you know??
If you provide information about an existing superannuation account in your name to a new employer, you can avoid a reduction of your superannuation balance over maintenance fees, by having only one superannuation account instead of two!? Stay tuned and find out more about your Superannuation Institution and your membership number! Ask your new employer about the “Super Choice Form”!
