21 Sep 2021
What is Annual Net Income?
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In most cases, you cannot access your super until you are 65, retired, or have hit the preservation age. However, some exceptions allow you to access your super early. One such exception is if you are homeless are about to become homeless and meet the following criteria:
If you have already lost your home, you may be able to access your super due to financial hardship as long as you meet these criteria:
In addition to the financial reason listed above, you can access your super early because of compassionate grounds, such as:
Accessing your superannuation early can be difficult. Not only do you need to fill out paperwork and provide lots of documentation, but it can also cause a lot of stress for you and your family. However, if you fit one of the situations listed above and need help accessing your super early, the financial advisers at Mortgage House can help.