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Accessing your super

May 06, 2020

Facing financial stress is tough but direct support from the Government is better than accessing your retirement savings.

It should be the last resort and you should seek financial advice before taking up this option.

If you have exhausted every other avenue, eligible Australian and New Zealand residents may be able to withdraw up to $10,000 from their super in 2019-20 and up to a further $10,000 in 2021.

For more information go to the ATO and follow the links to information about early access to superannuation because of COVID-19.