Accessing your Super

Promoters of arrangements to access superannuation savings has attracted ATO attention.

Except in some very specific circumstances, you cannot access your super savings until you reach retirement age (which is between age 55 and 60, depending on your date of birth).

The specific circumstance in which you can access your super savings early are very limited and tightly restricted – these are mainly related to specific medical conditions or when you are experiencing severe financial hardship.

Copyright 2014. My Tax Zone.