A-Z index

Superannuation benefits

Access to super for members with a terminal medical condition
Information for super funds about making tax-free lump sum payments to members with a terminal medical condition.
Cross-agency process for innovative retirement income stream products
Process for product providers to seek concurrent information or feedback from ATO, APRA, ASIC and DSS regarding legal and regulatory requirements when developing retirement income stream products.
Managing member benefits
Managing member benefits includes rollovers, release authorities, tax file numbers, KiwiSaver scheme payments and notices of intent to claim deductions.
Paying benefits
Generally your SMSF can only pay a member's super benefits when the member reaches their ‘preservation age’ and meets one of the conditions of release, such as retirement. The payment may be an income stream (pension) or a lump sum. There are significant penalties for releasing super benefits without meeting a condition of release.
Withdrawing and using your super
Withdraw your super when you turn 65 or reach ‘preservation age’ and retire. In rare circumstances you can access your super early.