Mum Stopped Working to Become Fulltime Carer, What to Do with Her Super?
I'm trying to figure out what or how to help me mum to manage her super, but even i am unsure on what to do.
Hopefully someone here can give me some advice?
Since last year my mum stop working full time to became a full time carer to her mum(which is my grandma)and is paid by Centrelink.
She has reached her preservation age of 56.
Since she doesn't work anymore so there is no contributions to her Super.
Shes currently being charged $36 per month by her Super in fees and TDP/Death insurances etc.
What should i do about her super? leave it as it is? cancel the super insurances? withdraw her super put it in the bank to earn interest?
My main concerns is those fees that is eating away at what she has left in her Super.