Accessing super

Find out the 12 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.

SMSFs: What is the proportioning rule?

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Q: I have come across a statement which refers to a proportioning rule. Could you please explain to me exactly what the proportioning rule is, who it applies to and when it applies, and how you do the calculations for a SMSF? The short answer is: the proportioning rule is a mechanism to calculate … [Read more...]

Two-way traffic! Finally, one fund helps move super from NZ to Australia

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An Australian super fund is now accepting transfers from New Zealanders hoping to transfer their KiwiSaver accounts to Australia. Let’s hope that many more super funds follow, but in the meantime, WA Super is the only Australian super fund offering this service, and it is awaiting your KiwiSaver … [Read more...]

Find lost super in 4 steps, and make quick cash

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Did you know that billions of dollars is sitting in lost super accounts waiting for Australians to claim the super cash? If you’re one of the Aussies with one or more lost accounts then you better act quickly. The federal government has changed the super rules, which means that your ‘lost’ super … [Read more...]

Estate planning: Dear Dad, Tax for everything

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If you plan to leave your super to your adult children when you die, your death benefit may be hit with benefits tax, even though you would have received that benefit tax-free (if aged 60 or over) while you were alive. The reason for this inconsistency is that death benefits paid to individuals … [Read more...]

Estate planning: Beware the dastardly death tax

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Although superannuation death benefits are tax-free when paid to individuals considered ‘dependants under the tax laws, a ‘death tax’ continues to apply when super monies are paid to individuals considered ‘non-dependants’ under the tax laws’. Any of your children aged 18 or over, who can’t prove … [Read more...]

Age Pension: Deemed income falls again with lower rates and higher thresholds

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If you own financial investments and receive the Age Pension, or you hope to claim the Age Pension, then you need to be aware of a recent change to the deeming thresholds for the Age Pension income test, and another relatively recent change to the deeming rates applicable to financial investments. … [Read more...]

Age Pension age increasing to 70 years (updated table)

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Note: This article (including table) explains the Age Pension eligibility age, which jumps by 5 years for younger Australians, subject to legislation. If you are seeking information on the retirement age for accessing superannuation benefits see SuperGuide article Accessing super: What is my … [Read more...]

Age Pension: Assets test thresholds from 20 September 2014

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The UPPER asset thresholds for the Age Pension assets test increased again on 20 September 2014, which means more Australians may now be eligible for a PART Age Pension. A single person can own more than $770,000 in assets (excluding his or her home), and still receive a small PART Age Pension, … [Read more...]

Age Pension: September 2014 rates now apply

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The Age Pension rates, effective from 20 September 2014, are set out in the tables below. A single person eligible for the FULL Age Pension can expect an annual Age Pension income (including supplement, and Clean Energy Supplement) of around $22,212. A couple eligible for the full Age Pension … [Read more...]

Accessing super early: 14 legal reasons to cash your super

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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...]