If you want to access your super before reaching your preservation age, you will need to prove you have met a condition of release. Reasons for requesting access to your super early include:
- Financial hardship.
- Compassionate grounds.
- Terminal illness or permanent incapacity.
- If you’re a temporary resident permanently leaving the country.
Things to consider before accessing your super early
There are a lot of things to consider before accessing your super, including how it will impact your retirement, taxes and what affect it will have on any other benefits you’re receiving. There are also strict conditions and requirements that need to be met to demonstrate your eligibility. Check out our Accessing your super fact sheet for eligibility criteria and how to apply.