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April 2024EARLY RELEASE OF SUPER
You can apply for early release of your super under the following claim types:
Severe financial hardship: Refer to page 1 of this fact sheet, and apply by returning
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How to fill out early release of super
How to fill out early release of super
01
Obtain the necessary early release of super form from your superannuation fund.
02
Fill out the form, providing accurate personal details such as name, address, and date of birth.
03
Include supporting documentation, such as proof of financial hardship or compassionate grounds, depending on the reason for the early release.
04
Submit the completed form and supporting documents to your superannuation fund for processing.
05
Await approval from the fund and follow any additional instructions provided to access your released superannuation funds.
Who needs early release of super?
01
Individuals facing financial hardship due to sudden unemployment, illness, or other circumstances may need early release of super.
02
People who require funds for compassionate reasons, such as medical treatment or paying for funeral expenses, may also be eligible for early release of super.
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What is early release of super?
Early release of super refers to the ability for individuals to access their superannuation funds before reaching the preservation age under specific circumstances, such as severe financial hardship or compassionate grounds.
Who is required to file early release of super?
Individuals who wish to access their superannuation early due to eligible circumstances, such as financial hardship or terminal medical conditions, are required to file for early release.
How to fill out early release of super?
To fill out an early release of super application, individuals must complete the relevant form provided by their superannuation fund and provide necessary documentation to support their claim.
What is the purpose of early release of super?
The purpose of early release of super is to provide individuals with access to funds for urgent financial needs, such as medical emergencies, purchasing a home, or alleviating financial distress.
What information must be reported on early release of super?
Individuals must report their personal details, the reason for requesting early release, supporting documents, and relevant superannuation account information.
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