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Issued 1 May 2018 Fund ABN 32 367 272 075 USI 32 367 272 075 001EARLY RELEASE OF SUPER DUE TO PERMANENT INCAPACITY This is the form you should fill out to make a withdrawal from your Simple Choice
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How to fill out early release of super

How to fill out early release of super
01
To fill out the early release of super, follow these steps:
02
Check if you are eligible for early release of super. Common eligibility reasons include financial hardship, compassionate grounds, severe medical condition, or temporary incapacity.
03
Gather the required supporting documents, such as proof of financial hardship, medical reports, or compassionate grounds documentation.
04
Contact your superannuation fund and request the necessary forms to apply for early release of super.
05
Carefully fill out the forms, providing accurate information and attaching the required supporting documents.
06
Double-check the completed forms and supporting documents for any errors or missing information.
07
Submit the forms and supporting documents to your superannuation fund, either online or through mail.
08
Wait for the assessment of your application. The process timeline may vary depending on your circumstances.
09
If approved, your superannuation fund will provide you with the early release of super according to the approved amount.
10
If your application is rejected, you may consider seeking professional advice or reviewing the reasons for rejection to explore other options or appeal if appropriate.
Who needs early release of super?
01
Various individuals may need early release of super depending on their circumstances. Some common examples include:
02
- Individuals experiencing financial hardship who meet the eligibility criteria
03
- Individuals facing severe medical conditions that require additional funds for treatment or support
04
- Individuals who need to cover funeral expenses for a deceased family member
05
- Individuals facing compassionate grounds, such as preventing the foreclosure of their primary residence
06
- Individuals suffering from temporary incapacity who are unable to work and require financial support
07
However, the specific eligibility requirements may vary depending on the country or region, so it is important to refer to the guidelines provided by the respective superannuation fund or relevant authorities.
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What is early release of super?
Early release of super refers to withdrawing money from your superannuation fund before the age of retirement or under specific financial hardship circumstances.
Who is required to file early release of super?
Individuals who meet certain eligibility criteria and are facing financial hardship or compassionate grounds may be required to file for early release of super.
How to fill out early release of super?
To fill out early release of super, individuals must complete the necessary application form provided by their superannuation fund or the Australian Taxation Office (ATO) and submit it with supporting documentation.
What is the purpose of early release of super?
The purpose of early release of super is to provide financial assistance to individuals who are facing significant financial hardship or are in compassionate circumstances where accessing their superannuation funds is deemed necessary.
What information must be reported on early release of super?
Information such as the reason for early release, supporting documentation, personal details, superannuation fund details, and the amount requested to be withdrawn must be reported on the early release of super application.
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