Accessing super early

You can access superannuation benefits when you retire, or when you satisfy another condition of release.

In this section you can also learn more about the conditions of release that permit you to claim your super before you retire, that is early access or early release of super.


Below are some of our key Accessing super early articles:

Set out below are all SuperGuide articles explaining Accessing super early.

Accessing super: What is my preservation age?   Super Guide

The Federal Treasurer, Joe Hockey, has spooked the electorate by announcing an increase in the Age Pension age to 70. He has also been threatening to lift the preservation age for accessing superannuation benefits.

The super challenge: At what age should I retire? (updated)   Super Guide

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.

Retiring before the age of 60: the tax deal   Super Guide

If you retire before the age of 60, your super benefits are likely to be subject to tax — but not always. With the right structure, and usually with expert advice, many Australians retiring early can end up paying no tax.

Q: I turned 60 this year and I have been sick since late last year. I am wondering if you can tell me what kind of tax I have to pay if I take my super payment. I haven’t been to work since the start of December 2013.

Accessing super early: 14 legal reasons to cash your super   Super Guide

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.

Transition to retirement pension (case studies): How does a TRIP work?   Super Guide

A transition-to-retirement pension (TRIP) enables any Australian, aged 55 or over, to access his or her superannuation benefits in the form of a pension (income stream) without retiring or satisfying an additional condition of release.

Your website says: “By starting a TRIP, you don’t have to retire to withdraw your super benefits. You can work part-time or full-time or even casually.” But on the TRIP form I have from my super fund it says I have to be permanently retired or be working part time. Which is correct?

TRIPs: 10 interesting facts about transition to retirement pensions   Super Guide

If you’re aged 55 years or over, you may be able to access up to 10% of your super benefits each year without having to retire.

Super pensions: Starting a TRIP takes planning   Super Guide

Apparently the term ‘pension’ can trigger a negative reaction for some baby boomers. Many baby boomers don’t even like the relatively inclusive term of ‘seniors’ because this term already apply to the parents of baby boomers.

Super for beginners, part 12: I claimed my super due to hardship. Why do I have to pay tax?   Super Guide

Q: I’m 30 years old. Last year I claimed $5,000 of my super due to financial hardship – I suffered illness, and was not able to work. I only received $3,950. Will I get the balance back, since I haven’t worked since then?