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  • Illegal early release of super

    Withdrawing your super early unless you meet a condition of release is illegal.

    Generally, you can only withdraw your super when you reach retirement.

    There are limited circumstances where you can legally withdraw your super early. These include specific medical conditions or if you are experiencing severe financial hardship. Super laws provide specific rules for when you can withdraw your super. These are called conditions of release.

    Beware of people promoting early release of super schemes. They might tell you they can help you withdraw your super to pay off credit card debt, buy a house or car, or go on a holiday. These schemes are illegal.

    Illegal schemes will cost you a lot more than the super you withdraw and will get you into trouble, such as severe fees and penalties.

    Promoters of schemes that encourage the illegal early release of super may be prosecuted and face civil and/or criminal penalties.

    If you are approached by someone about a scheme, contact us on 13 10 20 immediately to seek advice and ensure your super is protected.

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      Last modified: 06 Feb 2019QC 18810