Get Early Release Of Superannuation On Specified Compassionate Grounds Request For Review Of A Decision

It is illegal to withdraw your super for any reason other than when it is allowed by the superannuation law – that is, when you satisfy a condition of release. Beware of people promoting early-access schemes. Participating in illegal early-access schemes will cost you a lot more than the super you withdraw.

Applying to Your Super Fund ATO letter of approval of the early release of your benefit (original or certified copy); A completed application for early release of a benefit on specified compassionate grounds form, which should be available on the website of your super fund;

If you're an Australian permanent resident or citizen heading overseas, your super remains subject to the same rules, even if you are leaving Australia permanently. This means your super must remain in your super fund/s until you reach preservation age and are eligible to access it.

Online application process From the ATO online services home page, select the heading option Super, then Manage, then Compassionate release of super. Ensure you're aware of the following information before completing your online application: You need digital copies of the required evidence.

You can withdraw your super if you're. 65 years or over, whether you keep working or not. 60 or over and change employers or temporarily stop working. Under 60 and have permanently stopped working, and you've met your preservation age.

Compassionate release of super applications can take us from 14 days up to 28 days depending on how the application was lodged (online or paper) to assess the application, it can take longer if there is missing or incomplete required information or we need to contact third-party providers regarding the evidence ...

Does the SuperCard offer ATM cash withdrawals? Yes, it does. That too without any interest for up to 50 days.

You can get your super when you retire and reach your 'preservation age'. This is between 55 and 60, depending on when you were born. Or when you reach age 65, even if you are still working. There are special circumstances where you can access your super early.