Applying for compasionate grounds to release superannuation
Suzie82
Member Posts: 39 ✭
Hi everyone
Just wanted to ask if anyone has any tips on applying for compassionate grounds for release of superannuation
I am in the process of having the three pecialists fill in my forms as part of the medical requirements. I am on a centrelink benefit and unemployed and require some super to pay for my home loaan and every day living expenses as I am getting into debt not being able to work due to cancer diagnosis.
I can't lose my house and already have applied for one lot of super to pay my home loan under the grounds of hardship but they tell me I can't apply for more until 12 months time
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Maybe give cancer council a call. They do have financial advisors who may be able.to offer you assistance.2
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Hi @Suzie82, this is really tough and the rules are very tight. This is a link to the ato information .
https://www.ato.gov.au/individuals/super/withdrawing-and-using-your-super/early-access-to-your-super/
I believe you apply through the ATO. You may already know the ATO information. @Locksley had a good idea. They must help people with this and know much about all the issues with this.
Wishing you all the best. I hope you can access the super you need.1 -
Cath62 said:Hi @Suzie82, this is really tough and the rules are very tight. This is a link to the ato information .
https://www.ato.gov.au/individuals/super/withdrawing-and-using-your-super/early-access-to-your-super/
I believe you apply through the ATO. You may already know the ATO information. @Locksley had a good idea. They must help people with this and know much about all the issues with this.
Wishing you all the best. I hope you can access the super you need.HI Cath62Thank you for the link for the information much appreciated. I will have my fingers crossed for myself and many others going through this tough time2 -
