Compassionate grounds

Accessing super early and legally

accessing super early, early release of superannuation

Accessing super early is allowed in some circumstances, with a number of conditions. However illegal super early access schemes can result in stiff fines or more severe penalties.

Generally in order to access superannuation generally a condition of release must be met. The conditions relevant for accessing super early include:

  • Compassionate grounds
  • Severe financial hardship
  • Terminal medical conditions
  • Temporary incapacity
  • Permanent incapacity
  • Former temporary resident
  • Balances of $200 or less

All the conditions of release can be found in Schedule 1 of the Superannuation Industry (Supervision) Regulations 1994 (SISR).

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