As part of coronavirus relief, the Federal Government has enabled early access to Super of $1000 to $20,000 for people who really need it. Am I eligible?
This is a major decision with financial consequences. You should speak to a financial professional before proceeding with any withdrawals and consider future impacts including funds available when you retire.
Accessing your super today may have implications on your retirement. Calculate the impact on your retirement savings at ASIC Money.
Not all (or any) of these options might be right for you – take into consideration your personal circumstances before making any decisions.