I have received many questions from readers, some in serious financial situations or suffering illness who are seeking more information on how to access Australian super benefits early. Other readers seeking early access to super benefits have left Australia permanently, or have even left Australia temporarily.
The most surprising aspect to the range of questions that I have received from readers on this topic is the international reach of our super system and the mobility of the Australian and international workforces – readers from more than 160 countries visit the SuperGuide website.
A popular article on the SuperGuide website, particularly for our overseas readers, is Accessing super early: 14 legal ways to withdraw your super benefits.
Due to the number of questions that we receive on the issue of early access to super, it is not possible to publish every question but we have dozens of articles on this topic. For this article, I have selected articles that represent what I believe to be some of the most popular questions on withdrawing super early.
If you are seeking background information on how to access your super benefits then I suggest you start with the ’14 legal ways…’ article (refer link earlier) and then return to this page where I provide the links for answers to 16 questions on accessing super early covering the following topics (click on each link to access the questions and answers).
- Severe financial hardship
- Accessing super early: Not for business or tax debts
- Accessing super for a home loan deposit?
- Permanent departure from Australia (6 questions)
- Temporary residents can access super
- Living overseas and reached preservation age
- Australian citizen retiring overseas
- Accessing super early on ‘compassionate grounds’, such as mortgage stress, or serious medical illness or disability
- Terminal illness
- Serious illness and surgery (2 questions)
Note: The Q and As listed in this article are merely a guide to assist you with the general rules concerning early access of super benefits. You will need to confirm your personal circumstances with your super fund and where applicable, the Department of Human Services (DHS), or the ATO, or your doctor, depending on your reasons for seeking early access to super benefits.