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Compassionate release of super form

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You may be eligible if you or your dependant suffers from a life threatening illness or injury acute or chronic pain or an acute or chronic mental illness and you need assistance to meet the costs of medical treatment which is not readily available through the public health system or covered by insurance and/or medical treatment and you lack the financial capacity to pay for the expenses without accessing your superannuation* Your medical/dental practitioner and medical/dental specialist each ...

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I get my super back from ATO?

You can apply for withdrawal of your ATO-held super using a paper claim form. You may be required to provide documentation to support your application.

When can I get my super back?

You can withdraw your super: when you turn 65 (even if you haven't retired) when you reach preservation age and retire, or. under the transition to retirement rules, while continuing to work.

How do I get my Australian super refund?

You can generally claim back your superannuation refund online by applying for a Departing Australia super payment (DASP) through the Australian Taxation Office (ATO).

How long does the ATO take to release super?

What to expect after you apply. We will assess your eligibility in accordance with the limited grounds of release for compassionate release of super. This can take up to 14 days (28 days for paper applications).

Can I get my super out if I'm on Centrelink?

You can apply for early access to your super because of severe financial hardship through your super fund. They may want evidence from us to confirm if you meet the income support requirements for financial hardship. We can give you a letter to give to your fund.

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What are compassionate grounds?

Compassionate grounds include needing money to pay for: medical treatment and medical transport for you or your dependant. making a payment on a home loan or council rates so you don't lose your home. modifying your home or vehicle to accommodate your or your dependant's severe disability.

How do I withdraw my superannuation?

You need to contact your super provider to request access to your super due to severe financial hardship. You may be able to withdraw some of your super if you meet both these conditions: You have received eligible government income support payments continuously for 26 weeks.

How long does it take to release super?

How to get Q230 letter?

This is called a Q230 Financial Hardship letter. You can get this by calling your usual payment line number. Some super funds can check this online directly with Centrelink eServices if you agree to them doing this. Accessing your superannuation early - Financial Rights Legal Centre Financial Rights Legal Centre factsheet accessing-your Financial Rights Legal Centre factsheet accessing-your

Can you withdraw from super due to mental health?

You will need certification from two registered medical practitioners, including a specialist. Permanent Incapacity: If you are permanently unable to work due to physical or mental incapacity, you can apply to have your super released early. This typically requires medical evidence.

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How do I get my super back from ATO?

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How long does the ATO take to release super?

Can I get my super out if I'm on Centrelink?

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What are compassionate grounds?

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Can you withdraw from super due to mental health?

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