Accessing super early due to severe financial hardship
Q: I would like to know how I could go about accessing my super early on the grounds of extreme hardship. I have 2 children and I’m a single parent.
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 illnesses. My psychologist thinks I will be approved. I am 29 and have a lot of reports and evidence. I can hand in my forms in a few weeks time with everything there. Do you know how long will it take to be approved?
Accessing super early: Can I withdraw my super to pay off my debts?
Q: I have a large amount of debts totalling $25,000, and I have no assets. My income is average and my super balance is above $50,000. I would like to withdraw half of my super to pay off my debts. [...]
I’m under 60. Does my super payout also affect my other income, and tax bill?
Q: I turn 55 soon and I am eligible for a super payout of $150,554 next month of which only the $554 is taxable at 16%. However I still intend to keep working and wondered how this will affect the tax payable on my super.
Can I withdraw super if the bank is foreclosing on my mortgage?
Q: I’d like to get help with withdrawing my super as I’m in financial difficulty and I’m concerned that the bank could foreclose on my mortgage.
Can I use my super to pay bills?
Q: I am short on funds and looking for a job. Can I apply to use some of my super to pay bills?
Accessing super to be a carer and work part-time
Q: I am aged 40 and intending to finish work and care for my elderly dad. Can I withdraw my super and can I work a few hours?
Can you access super to pay your mortgage if you’re unemployed?
Can he access some of his super to make payments on the house while he is unemployed as he does not want to lose his house he has had for the past 12 years?
Can a single parent in financial hardship access her super?
Q: Just want to commend you on your website. I have a friend who has separated from her husband some years ago. As part of the deal she got half his super at the time and has $86,000 sitting in the [...]
Divorce: How is Australian superannuation divided in a NZ divorce?
Q: Are you able to shed any light on how Australian super funds are treated/divided by New Zealand courts in the case of divorce, where the two parties are also New Zealand citizens? We’re not familiar with NZ family law [...]
Can I use my super for a house deposit?
I am 56 and wish to purchase a property as my residence (as opposed to investment). Is it possible for me to access a portion of my super for this purpose?
