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Category » Accessing super

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• Q1 When can I access my super?

  Members who have attained Preservation Age and continue to work and do not establish a non-commutable income stream can only access their superannuation when they: Retire permanently from the workforce; or Have reached 60 years of age and cease employment with one employer (they do not have to ... Read more

• Q2 I have reached preservation age and am still working – can I access my super?

  You may be able to access your super under the Government’s Transition to Retirement (TTR) provisions. These measures encourage middle-aged and older workers to remain in the workforce, even if on a reduced working hours basis. They recognise that they may want to top up their reduced pay ... Read more

• Q3 How can I access my super before retirement?

  Super is your deferred pay invested for your retirement and therefore early access is highly restricted and difficult. If you have any unrestricted non-preserved benefits these can be accessed at any time. You can access what are called preserved lump sum benefits – the bulk of your super ... Read more

• Q4 I am leaving Australia permanently. Can I withdraw my super?

  Generally no, unless you entered Australia as a temporary resident and have since departed, then you may qualify to access your super. You can apply online to claim your superannuation at the Australian Taxation Office. Read more

• Q5 If I face financial hardship can I access my superannuation?

  The government has strict rules that govern the release of superannuation money on the basis of financial hardship. The financial hardship provision is intended to permit the release of superannuation to relieve an immediate difficulty. The threshold rule for accessing super in this circumstance ... Read more