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#EveryoneNeedsaPlan to Access Super Legally
Posted by G. Dean McKinnon
on 3 March 2022
There are several ways in which to access your super legally but if you access your super illegally there are significant penalties that apply.
Super investments are intended to assist with funding your retirement income needs. However, depending on the circumstances, you may be able to access your super before you retire – such as permanent disability or severe financial hardship.
It is unusual to be able to gain early access to your super if you are not retired, permanently disabled, or suffering severe financial hardship, so beware of anyone that promotes a scheme allowing early access to super.
GDM is a Master Financial Planner with close to 30 years experience in all things financial, including super and SMSF structures, so do not hesitate to contact us and arrange your free initial appointment to discuss your requirements.
Super investments are intended to assist with funding your retirement income needs. However, depending on the circumstances, you may be able to access your super before you retire – such as permanent disability or severe financial hardship.
It is unusual to be able to gain early access to your super if you are not retired, permanently disabled, or suffering severe financial hardship, so beware of anyone that promotes a scheme allowing early access to super.
GDM is a Master Financial Planner with close to 30 years experience in all things financial, including super and SMSF structures, so do not hesitate to contact us and arrange your free initial appointment to discuss your requirements.
Author:G. Dean McKinnon
| Tags:Superannuation |
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