Inactive low-balance account authorisation
Complete this form if you have an inactive low-balance account and would like to keep this account open with TelstraSuper. This will stop your super benefit being transferred to the Australian Taxation Office (ATO). Your authorisation will last for 16 months.
An inactive low-balance account, among other things:
- is under $6,000
- has no defined benefit component
- has not satisfied a condition of release
- has not – for a period of 16 months – received contributions, had a change to investment options or insurance cover, or been subject to a new or changed binding beneficiary nomination