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Tips to recover unpaid alimony and how to boost your retirement pension

December 16, 2019 by yourlostsuper  

If you are a retired person and you have incomplete pension, now the question is How To Find And Consolidate Your Lost Super? Follow these tips.




  • Revive the debtor


React from the first days of delay compared to the date planned for the payment of alimony (which is usually at the beginning of the month). At first, you can contact your ex-spouse by phone. In the event of failure, or of absence of answer, send him a registered letter with acknowledgment of receipt (LRAR) to remind him of his obligations. For example, you can specify that not paying child support for more than 2 months is a family abandonment.  Do not neglect Early Access To Your Superannuation.

  • Bring an enforceable title


An "enforceable title" attests to the amount of your support and its exigency. This document allows you to call a bailiff to ask him to intervene with your ex-spouse. This is generally a divorce judgment, or a court-approved agreement which is said to be “clothed with the enforceable formula "(but this hypothesis is much rarer). If you agreed to this pension kindly with the other parent, and if you did not have your agreement approved by the judge at the time, you will be obliged. Before any other step, to seize the judge family matters of the high court of your home. It will set the amount and the terms of payment of alimony. Only once the judgment is rendered can you enforce that decision. You will not be required to be represented by a lawyer.


  • Revaluate the pension with the debtor


In case of modification (after annual indexation, for example) of the alimony, you will have to return to see a bailiff to make an update with the employer and the debtor. This approach will also be by LRAR and will remain free for you. In case of judgment of maintenance by court order, the bailiff will, at the request of the debtor, stop the direct payment with the employer.


How to boost Retirement Pension?

Here are few tips for the Turbo Boost Your Retirement.


  1. Take out life insurance and make tax-free withdrawals: Life insurance is a tax envelope for more than one reason. It makes it possible to transmit a capital to the person of one's choice without tax or at advantageous rates, and to obtain regular tax-free income. Each year, you can deduct from your contract 4,600 Euros in interest if you are single, double as a couple, without being taxable. Knowing that, in any withdrawal, there is a portion of the capital, the amount exempted is much larger.
  2. Acquire rental real estate totally on credit: Thanks to credit, it is possible to buy a property that will provide income at retirement by limiting the savings effort. The advantage of real estate is that the rent will follow inflation. And if it does not seem enough, you have the opportunity to sell the property with a comfortable added value. And convert the capital thus obtained into a life annuity.


Lost Your Super fund? Don’t worry Lost Finder Here

December 16, 2019 by yourlostsuper  

The Australian pension system is based on a combination of two main components - public and private pensions.


A state pension upon reaching retirement age is a traditional pension, which is financed from the state budget. Such a pension in Australia is paid to a citizen or resident of Australia who has reached the age of 65, which is a pension for both women and men.


The size of the state pension at the moment is about 500 US dollars for a single pensioner and about 900 dollars for a married couple. The size of the pension is stably revised in accordance with inflation and rising prices.


In order to receive a state pension in Australia it is not at all necessary to ever work. It does not matter the size of the salary. The main purpose of such a pension is to provide a minimum standard of living for any elderly Australian. The amount of pension paid in Australia also depends on income and real estate. Naturally, the state in any way seeks to ensure that the Australians independently take care of themselves in old age. Australia is rapidly aging and by 2030 about 25% of the population will be older than 65 years.




Fund Lost

Lost Superannuation Australia - Funds must report ‘lost’ super to the ATO twice a year. The laws of super mention a very large description of in which conditions your fund treated as lost. It can happen when:


Unreachable – when fund is not assigned at your latest  address and unable to contact you, and you  had no contributions  into your account in the last 1 Year.


Inactive – By no contributions is noted into your account in the last five years.


In some condition, super fund consider to be lost super accounts as unclaimed fund and credited   to the ATO. It happen when your said  super account is less than $6,000  i.e. small  or ‘Insoluble’  that means the fund does not have enough information regarding  you to reasonably verify your entitlement to the super balance).


Find Lost Super ATO

Sometime you have to Find Lost Super ATO to avoid the unnecessary multiple charges and mis-linked of fund in different account or main account.    


Lost Super Search Online offer finding super fund service to help the finding the other super accounts. Searches the ATO data to find your accounts for you, and automatically claims any super held at the ATO.


For finding the super fund you have to give Tax File Number and authority to search for your super on your behalf. The fund will let you knowledge the results of the search so you can choose whether to transfer any other super accounts into your main account. You can put a request form for Find My Super ATO

If you already know about your other accounts, your main fund can help you consolidate these. Many funds offer an easy method to consolidate super online, or you can give your fund details of your other accounts and ask them to arrange the transfer for you. This can be especially useful if you have lots of old accounts you want to consolidate.

Incomplete retirement pensions: how to recover lost money?

December 4, 2019 by yourlostsuper  

Three in ten retirees do not receive the full pension to which they are entitled. To make a claim, you must first make a polite appeal by writing to the cashier that is difficult. One-third of ex-employees do not receive their full pension. At age 70, when they are no longer working at all, some simply forgot to declare a job for which they contributed. Before the age of 40, they often have a salary that they have not received for a very long time, but these are the same rights they lose for their pension. Here is mentioning How To Find And Consolidate Your Lost Super.

Track your second pillar: When a second pillar employee finish his gainful activity or changes his employer, the capital saved through monthly savings contributions cannot no longer be kept with the employer's pension fund. This capital - called exit benefit - must be transferred to the new employer's fund or be paid into a so-called vested benefits account.  If the insured person does not enter another pension institution, he must indicate to his current pension fund where the funds will be paid and in what form: account or policy. If this is not the case, the pension institution shall pay - at the earliest six months, but at the latest two years after the end of activity of the employee.




Tips to boost your retirement

Past and future reforms have reduced the pensions of compulsory schemes a little more each time. Any supplement is good to take. Tips to Turbo Boost Your Retirement.

  1. Retire a paid professional activity: The law has gradually lifted the constraints. You can retire to receive a salary without limit of amount and particular constraints. However, the salary received will not produce additional fees and will be subject to contributions. The optimal solution is to work under a different status than that of an employee, because it makes it possible to contribute to a new pension plan that will generate rights. Alternative to the continuation of work beyond the legal retirement age: the combination of employment and retirement is often more advantageous.
  2. Opt for a phased retirement: If you work part-time, if you are 60 and the number of quarters required, you can, since February 1, continue working and collect a portion of your retirement pension. When you leave, the total amount collected will be higher because you will have accumulated pension entitlements during this period.
  3. Screen your career records: Your Early Access To Your Superannuation will depend on contributions made during your working life. To make sure you do not lose any of your rights, review your "status reports", which are now sent every five years. Armed with your pay slips if you are an employee or the status of your contributions if you are self-employed, check that all your payments have been considered. The errors are far from being exceptional: bad identification or badly listed periods, especially if you have changed employer or status, invalidated quarters while you have paid regular contributions ... As soon as you detect one of these errors , make it rectifier as soon as possible: it's easier to do it before retirement.


Find Your lost Super Fund online

December 4, 2019 by yourlostsuper  

Every resident of Australia, regardless of status, must once a year fill out a declaration and pay taxes. Employers or agents often overpay taxes and are very pleased to return a little money at the end of the year. The advantage of working through IP is that tax money can be used throughout the year and thereby increase your income. Also, IP has the right to write off part of its costs and not pay tax on this money, for example, the purchase of equipment, tools, the only thing that everything purchased should be directly related to the business.


Superannuation replaces a percentage of your earnings when you retire. Your benefits are based on your earnings. Selecting the date of retire is major decisions you will make in your life. If you choose to retire when you reach full retirement age, you will benefiter of your full benefits. However, if you retire before reaching full retirement age, you will receive reduced benefits. Find My Lost Super help to fine out the Find My Lost Super.



Savings funds - Superannuation funds.  - the employer pays in such funds from 9.5% of the salary. An employee may ask to put more there, as well as the state can pay extra in super on certain conditions. This contribution is not subject to income tax, but is subject to a contribution tax of 15%, which is still slightly less than income. Funds usually provide different mechanisms for managing these contributions, for example, you can invest money somewhere and earn income, or vice versa, lose some of the money. Most of time your super Fund got lost due to unreachable to your latest address or not contribution over a years. In that case , you have to Find Lost Superannuation 


Having reached the preservation age, you can begin to receive a pension from your own deductions made earlier. It is 55 years old now and 60 in the future. Further, the person himself determines the amount of the pension from the fund for himself, there is a minimum amount for people over 65 years old - this is 5% of the money in the fund per year, a person must take as much or more.


Before reaching this age, anyone can take part of the money from the super fund for specific needs, namely:


- buying a house, including a mortgage, you can pick up $ 30k for a total of 2 years, but once in a lifetime;

- emergency financial assistance - up to $ 10k once a year, but first you need to prove that there is an emergency need;

- fatal disease;

- temporary or permanent disability.


Money in the super fund is inherited. There are private pension funds, but it all depends on the specific contract and everything varies.


Therefore, an important role is played by private pension funds, the activities of which are tightly controlled and regulated by the state. A pension fund works with clients' money by analogy with an investment fund. In addition, such funds give the client a choice of several strategies for investing with varying degrees of risk and income.

A Perfect Guide on how you can find the Lost Super

November 12, 2019 by yourlostsuper  

Now a day, there are various people who might have lost contact with super accounts however quite surprisingly, they are usually not even aware about it. What happens is the fact that most of the people move to some other house, change the addresses, change the names and also their jobs, but at the same they are unable to notify this to the fund authorities. At the same time, your employer might also not have been paying the superannuation contributions or the contribution might just get lost in system and this is when you need to Find Lost Super ATO.



On the other hand, there is great news. You may now track the Lost Superannuation Australia and at the same time you can also keep a check or track contributions and yet they can claim for lost superannuation. As the employer is a main or the key contributor in most of the cases, you may also wish to start the search from there. At any time when you feel that there is kind of the trouble, possibly the initial step is about contacting the human resource department and check them about superannuation as this will help you to Find Lost Superannuation. However, this is certainly good to understand beforehand when you actually qualify for contributions, prior that you start calling the name of employer. The following are just a few ways that are mainly used to assist the people to search their Lost Super Search Online:

- Super Seeker - It is mainly the online search tool which is provided by ATO or Australian Taxation Office as this will help you to Find My Super ATO to assist the people process the complete search of the lost contributions of superannuation. The tool will also be able to search ATO's registers for the unclaimed and the lost super. All which is required is the name, tax file number as well as the date of birth for search to become successful. A great thing with such kind of the tool is that it is absolutely free and you will be able to use service over the phone call. There are various different professionals there who are even willing to assist you in process and you may also wish to involve for best as well as quick results.


- Rollover funds - Generally, when super gets lost, it gets transferred to the holding fund, which is known commonly as eligible rollover fund. Moreover, there are about 16 rollover funds and also because in few of the cases SuperSeeker tool may also not search the lost super, you may even be forced to look for each one of most eligible rollover funds. It is where the reputable company that comes to help to in search. Moreover, company will contact every one of them, and quite surprisingly, you may also search that the money is in any of the funds under the name or also the old address. The great thing here with the way of search that is great particularly for searches which mainly involve the super which get lost prior that it was the legal requirement to list the tax file number with the super payments.


Tips to find your lost as well as unclaimed superannuation

October 24, 2019 by yourlostsuper  

If you are looking for ways to Find My Lost Super or to search for any of the unclaimed super, the ATO have the option for superannuation search tools. Usually all you require is the TFN also known as Tax File Number and, when you wish to transfer the unclaimed super to the preferred super fund, the membership of the super fund number also.




What do we mean about lost and unclaimed super?

If you have ever changed the jobs, or held the second job which paid the superannuation, so it is possible that you have even lost or about Find My Super Australia that you does not even know. However, billions of the dollars in the unclaimed as well as lost super are recently being held by the super funds and the ATO Lost Super Search.

Quite Often, super is also held by fund into which it gets paid, and may also still remain idle – particularly when the super fund is not able to contact you. It is commonly known to be the lost super. In past, super funds usually hold small and the inactive accounts that have transferred super money to AUSfund where it gets held until it is claimed.


From 31 October, the small as well as inactive accounts – these with the less than $6,000 and they does not have received the contribution for 16 months – will also be transferred to ATO Find My Super, who attempt for matching the funds with the members of the active account (one which has been attaining the contributions). In case there is no such active account found, the money will remain with ATO till the time it is claimed by individual. It is also known to be unclaimed super.


It is yet your super though, and also you are able to claim them as well as transfer them to the preferred super fund.


-        Lost super

The Funds should report as Lost Super Australia to ATO at least twice a year. However the super laws consist of an extensive definition of while the super should be treated being ‘lost’. This might include the situations where:


-        you stay to be ‘uncontactable’ – the fund do not have the recent address and has also been unable to contact, and you also have had not any such contributions and rollovers in the account in last 12 months.


-        The account is known to be ‘inactive’ – not any contributions and rollovers are received into the account in last 5 years.


In very particular circumstances, the funds should even be even treat lost super accounts being the unclaimed money as well as transfer the entire amount of the balances to ATO. It might also include where does the lost super account gets considered to become ‘small’ or even ‘insoluble’ also fund do not have adequate details and information about you to verify the reasonably entitlement to super balance.


-        Unclaimed super


The Unclaimed super is quite different to be lost super. ‘Unclaimed super’ mainly refers to super which is quite eligible to be withdrawn from the super fund, however the fund also has been unable to contact. The Unclaimed super might include super of the fund members who is more than 65 and also the non-member spouses as well as the deceased members.