Accessing super

Find out the 14 ways to legally access your superannuation including what happens if you access your super before the age of 60, or you relocate overseas or you want to withdraw your super to cover your mortgage or other bills.

Accessing super also includes a special section called Accessing super early, which contains articles dealing specifically with accessing your benefits before retirement.

Below are some of our key Accessing super articles:

Set out below are all SuperGuide articles explaining Accessing super.

The super challenge: At what age should I retire?

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Selecting a retirement age, even if you plan to continue some form of work during retirement, can be a difficult decision. In some cases, individuals don’t get a choice about when to retire due to health issues, or due to redundancy in later years and then difficulty finding another job. Although … [Read more...]

Latest retirement deal! Lose Age Pension, receive Seniors Health Card

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The stricter Age Pension assets test has now become law, although the changes won’t take effect until January 2017. The federal government predicts that more than 300,000 Australians will be worse off under the harsher assets test starting from 1 January 2017, with nearly 100,000 Australians losing … [Read more...]

Age Pension income test change hits defined benefit pensions

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With so many recent changes affecting the Age Pension (such as deeming income from new super pensions, or for new Age Pensioners, from January 2015, and a stricter Age Pension assets test from January 2017), another significant change has gone largely unnoticed except for the thousands of retired … [Read more...]

Accessing super: How long does it take for TPD insurance to be paid out?

Q: I am going to claim TPD from my super fund due to mental illness. My psychologist thinks I will be approved. I am 29 and have a lot of reports and evidence. I can hand in my forms with everything there. Do you know how long will it take to be approved? Do all super people reject first claim to … [Read more...]

Accessing super early: 14 legal ways to withdraw your super benefits

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Many Australians are facing hard times, especially with structural change transforming our economy. The harsh reality is that mortgage repayments and everyday living expenses continue even when you when suffer redundancy, illness or other forms of misfortune. We receive hundreds of emails from … [Read more...]

Income protection insurance: Can I claim against my super’s policy due to work injury?

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Q: I was injured at work in September 2013, and have not worked since. I was paying income protection premiums. I was on a permanent contract at the time of the injury. The contract was to end in November placing me back into casual pool, but due to my injury I never went back to work. The super … [Read more...]

Accessing super early: Terminal illness

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Q: I have a terminal illness. Can I access my super benefits now? A: I’m sorry to read about your illness. For the past few years, the superannuation rules now recognise that super benefits can be accessed early under such devastating circumstances. For your information, ‘terminal illness’ for … [Read more...]

Accessing super early: Australian citizen retiring overseas

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Q: I’m a Filipino-Australian citizen, 45 years old and working for the past 15 years in Australia. I would like to retire to the Philippines at 60 years of age. At that age, I plan to buy an income stream from my super lump sum. Am I allowed to receive my income stream monthly payment in the … [Read more...]

I’m leaving Australia: Can I access my super?

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Q: I really found your web page very informative as I am just about to retire. I wish I had read it years ago. You certainly take the mystery out of super. My son, 42 yrs old, has moved permanently to the USA. He does not intend to return to Australia. He has a small industry-based super account and … [Read more...]