11/9 Dawson Street Coburg North 3058
Mon - Fri : 09:00 - 17:00

What age and how can I withdraw my superannuation guide

Under What Circumstances & How can I withdraw My Superannuation Funds – A Full Guide

There are millions of people in Australia and from other parts of the world who are asking how and when they can acquire their superannuation benefits in Australia.

The good news is that there are several ways for you to withdraw your super money should the need arrive. But it wouldn’t be like withdrawing money from the bank.

To restricted non-preserved benefits or cash preserved benefits, a member should meet one of the release conditions. You can cash unrestricted non-preserved benefits at any moment as long as you are eligible to get one.

A few release conditions limit the form of the benefit – e.g. pension or lump sum – or the benefit amount that you can pay. These are called “cashing restrictions.”

In this post, we will discuss different legitimate means of with withdrawing your super money with Australian Super Finder.  Follow the steps in this post and meet the requirements you need to follow to make use of you super benefits.

The Preservation Age

Getting your super benefits implies that you have to meet a number of super qualifications. Simply put, there are 14 different ways to activate your superannuation early (or for your closest of kin to activate your superannuation should you pass away), as we will enumerate later in the article.

How I can withdraw my superannuation

How is ‘preservation age’ Essential?

More often than not, you cannot acquire your super before reaching your preservation age then retire afterward. Preservation age entails 55 years of age for individuals who were born before July 1960, yet at least 56 years old for individuals born past June 1960, and at least 57 years for people born past June 1961.


  • If you were born past June 1964, then your preservation age is 60 years. Your preservation age can, therefore, be age 55, or 56, or 57, or 58, or 59, or age 60, based on your birth date.
  • ‘Preservation’ in this sense just implies being locked away, although some Australians who have had super accounts before 1999 might also have a few ‘unrestricted non-preserved’ privileges that they could get whenever they want.
  • ‘Preserved’ privileges do not imply that your super advantages are fixed and guaranteed amounts. It is just that they are being locked away until the time you reach the preservation age and retire afterward, or, meet another condition of release.

For more information about preservation age, refer to Australian Super Finder knowledge base. You can also refer to the table below to determine the preservation age.


Date of Birth Your Preservation Age
Before 1 July 1960 55
From 1 July 1960 until 30 June 1961 56
From 1 July 1961 until 30 June 1962 57
From 1 July 1962 until 30 June 1963 58
From 1 July 1963 until 30 June 1964 59
On or after 1 July 1964 60 60

When could I get my super advantages?

In many scenarios, you can only acquire your superannuation should you meet a certain condition of release. Qualifying for a condition of release implies that your preserved privileges can be acquired right away (or as soon as possible), granted that the rules of your fund must also allow you to get your superannuation.

Even if the more general superannuation rules could allow early access, a few superannuation funds don’t allow access to superannuation benefits wherein a person has applied on the grounds of serious financial difficulties or grounds of sympathy.

You will have to verify with your superannuation fund if it allows early access based on these circumstances.

The Terms for Release based on super policies are:

  • Retirement
  • 60 to 64 years of age and termination of employment
  • Reaching 65
  • Decided to have a TRIP or transition-to-retirement pension
  • Amount preserved is below $200
  • Terminated employment and have pre-1999 superannuation benefits
  • Serious financial difficulty
  • Grounds of sympathy
  • Grave medical condition
  • Short-term resident departs Australia for good
  • Death
  • Long-term disability or long-term incapacity
  • Short-term incapacity
  • Decided to get your privilege as a lifetime benefit or annuity


Conditions of Release of Your Super Payments


1. Retirement


Retirement is the least unusual term of release. You can quit working by the time you have finally reached the preservation age, and you retire. Preservation age now ranges between the ages of 56 to 60 years, based on birth date – see table earlier in the article.

Your superannuation fund will generally need a declaration of retirement proving that you have retired.


  • People in Australia can have a preservation age of 55 years (for those born July 1960), or a minimum of 56 years and maximum of 60 years (for people born on or after 1 July 1960), based on specific birthdate.
  • Currently, if an individual is 57 years old, then they were obviously born before July 1961 meaning that this individual is going to have a preservation age of 55 or 56 years. If an individual is born past June 1961, then the age of preservation ranges between 57 years and 60 years old.
  • Somebody who is presently 57 years old (which means, born before July 1961) and has retired could get superannuation benefits right away, upon completion of documents of his superannuation fund.

If you are already at your preservation age with no intention of retiring then you have to meet a term of release (aside from retirement) to get your privileges.
A few examples of some of the usual terms of release are:

  • starting a TRIP or transition-to-retirement pension which simply means that a person does not need to reach retirement to get super privileges as a source of income, granted that the person has reached the preservation age
  • reaching 65 years old
  • resignation or leaving a job on or after reaching 60 years old

Tax on superannuation privileges

  • Tax is generally payable on superannuation privileges acquired before reaching 60 years old, even if an individual’s tax bill is based on the structure of a person’s superannuation privileges and personal tax circumstances.
  • If you happened to be a public servant, there is a possibility that you might need to pay extra tax on your superannuation privileges (if your superannuation privileges are derived from what is commonly known as a source without taxes).

If you want to know more about this condition of release, feel free to consult us at Australian Super Finder. We would love to give you sound advice. Call Us 1300 252 167

2. Turning 65

Conditions of Release of Your Super Payments

When you turn 65 years old, you can acquire your whole super benefit, even if you have not declared retirement from employment, since there is no need for you to.

A somewhat unfamiliar condition of release is when somebody is 60 years old or above (but below 65 years old), and they stop an employment contract. In these cases, the individual could be termed as ‘retired’ for the technical reason of acquiring superannuation privileges.


  • When the same employment arrangement persists though, becoming 60 by itself cannot be considered a condition of release.
  • A person who is aged 63, for example, must then have to satisfy a condition or release, such as, say, retirement or starting a TRIP or transition-to-retirement pension, to get their preserved superannuation privileges.

3. What age can I withdraw my superannuation? – Aged 60 years old to 64 years old, and has terminated employment

What age can I withdraw my superannuation

There is a unique ‘retirement’ policy for people who are aged 60 or above who have stopped an employment term. A somewhat unpopular sub-category of the ‘retirement’ term of release is when an individual is 60 years old or above but below 65 years old, and they have discontinued an employment contract; they could be termed as ‘retired.’

Under these circumstances, the individual could be treated as ‘retired’ for the technical reason of acquiring superannuation, even though they do not have any plans of retiring, and they could return to their job. If a job contract continues then reaching 60 is by its account, not a term of release.

A somewhat unfamiliar term of release is when somebody is 60 years old or above (but below 65 years old), and they stopped an employment contract. Under such circumstances, the individual can be termed as ‘retired’ for the sole reason of acquiring superannuation privileges.

If the usual employment contract persists, however, then going 60 by its accord is not termed a release condition.

Before you start your withdrawal process – you would like to find and claim all lost accounts – into one place – and you can simply do that by filling out the form in this page.

4. Amount preserved for superannuation privileges is below $200

You can reach your preserved privilege if you resign from an employment where your employer was contributing to your fund for your benefit, and the super preserved benefit is below $200.

The super policies also allows a superannuation benefit which is below $200 to be acquired where, the superannuation account is known to be in the possession of a lost member – the account is consequently discovered by the member of the fund, and the value of the superannuation benefit after released is below $200.

5. Deciding to begin a TRIP or transition-to-retirement pension

You can acquire a part of your benefit every year by beginning a superannuation pension without retirement, granting that you have reached the preservation age (55 years if born prior to July 1960, or between 56 to 60 years old, if born past June 1960) and you do not get more than 10% of the balance on your account as pension payment/s per year.

In almost all cases, the TRIP is non-transferrable – that is, you cannot transfer your pension account into a lump sum payment.

A TRIP (what has always been termed as transition-to-retirement-pension; now the federal government follows our naming convention and termed it a TRIP) enables anybody from Australia who has reached the preservation age (at a minimum of age 55, and gone to about 56 years or above since July 1, 2015, based on your birthdate), to acquire his or her super privileges in pension form without retirement or fulfilling a condition of release.

Many super members begin a TRIP or transition-to-retirement pension just because they need the additional money for survival, and to cover daily costs.

The most important sales pitch, however, for a lot of people thinking of starting a transition-to-retirement-pension, is that, until June 30, 2017, when you are still at work, you can reach the tax advantage linked to super pensions (income sources) while rerouting additional contributions to your superannuation account.

6. Stopped employment and have specific pre-1999 superannuation privileges

If you have been a superannuation fund member before July 1, 1999, you could cash in the ‘non-preserved restricted benefit’ (benefits accrued up to June 30, 1999) only when you stop employment with whoever it is that hired you, who has been your employer ever since July 1999 prior.

A restricted privilege is a unique category of superannuation privilege that people in Australia could have, however only if they were members of superannuation fund before July 1, 1999, and even so, they might not have these privileges.

Under such circumstances where you have lost track of super money and you have no idea where it is, you can depend on us to find your lost Super. We at Australian Super Finder specialize in finding lost super. Call Us 1800 861 420

7. Grounds of sympathy

Before retiring, your superannuation fund can let go, partly or entirely, your preserved benefits if you are under the threat of a life-threatening condition, or attempting to avoid the bank selling your house due to overdue loan repayments.

You could also try to qualify for early release of super on the grounds of sympathy as payment for medical or funeral costs, or palliative care.

If you, or one of your beneficiaries, are seriously incapacitated, you could apply for access to your superannuation if this incapacity necessitates that your car or home be changed because of the incapacity.


  • First, get in touch with your fund to inquire whether or not it allows early release of whatever preserved privileges are available.
  • If your fund does allow this kind of early access, you could then try to qualify for the Department of Human Services (www.humanservices.gov.au) for the early release of your preserved privilege on the grounds of sympathy.

Conditions under grounds of sympathy do not exclude needing help with costs that cover:

  • mortgage aid
  • medical transport
  • medical treatment
  • transformations to the house and vehicle wherein a member of the fund or fund member’s dependent suffers a serious incapacity
  • Palliative care for a grave condition (that is, in the case of unavoidable death) suffered by you or one of your dependents.
  • burial or funeral or other costs linked to the demise of a dependent, that is, the deceased individual was personally, domestically, or financially dependent on you

The Department of Human services is also entitled to permit early access to superannuation privileges where the conditions are consistent with or linked directly to, one of the noted grounds listed above (subject to a determination by DHS)

Before you start your withdrawal process – you would like to find and claim all lost accounts – into one place – and you can simply do that by filling out the form in this page.

8. Serious financial difficulties

Serious financial difficulties

Should you fall on tough times, you might be able to acquire a bulk of your super back if you meet the terms that make up the government’s outlook of ‘serious financial difficulty.’ The benefactor of your fund could provide you with access to a bulk of your privilege, under specific circumstances.

In broader terms, these are the policies:

a. You have been acquiring Commonwealth Government income benefits, for example, unemployment privileges, for a minimum of 26 weeks, non-stop, and the benefactor of your superannuation fund is contented that you couldn’t meet urgent family costs. Whatever payment you have made for the intentions of fulfilling daily living costs and can be a single payment not above $10,000 (tax included) during any 12-month duration.

You are labelled as someone in ‘serious financial difficulty’ based on the superannuation policies if the benefactor of your super fund is fulfilled by the following two conditions:


  • You have acquired Commonwealth income support amounts non-stop for a period of 26 weeks. You can verify this with written proof given by Centrelink or a different Commonwealth agency or department (when relevant) accountable for the income support amounts, and you have to receive the income amount when the written proof is prepared. Income support is comprised of widow allowance, carer’s amount, parenting amount, Disability Support, and Newstart allowance but in this instance, excludes Austudy amounts, or Youth Allowance is given to students in full-time study, and;
  • You are not able to see through urgent and reasonable family living costs.

If the trustee of your superannuation fund sees that you fulfilled the conditions above, you can get up to $10,000 during the 12-month duration and at least $1,000 (except if your superannuation privilege is below $1,000 and you have to acquire the whole sum).

b. If you have reached the preservation age (starting age 55 to 60, based on birthdate), you could get your whole super advantage granted that you have been receiving government income payment for a minimum of 39 weeks.

Also, you will be labelled as somebody in ‘serious financial difficulty’ based on the superannuation policies if you fulfil the following terms:

  • You have reached your preservation age (age 55 for people who are born before July 1960, and a minimum of 56 years for those whose birthdate is on or past July 1, 1960).
  • You have been receiving Commonwealth income amounts for a cumulative period of 39 weeks past reaching the age of preservation, and this is verified by written proof given by a minimum of a single Commonwealth agency or department accountable for the income support amounts.

When you are working, you are working lesser than 10 hours every week. And at the time of the early access application, you have not been effectively employed for a part-time or full-time basis. Part-time employment is by definition working at a minimum of 10 hours a week, and not more than 30 hours per week.

Should your superannuation fund allow early access based on serious financial difficulty, and you fulfil the above income, work as well as age support requirements, then you could get your super privilege.

At a time where you need your super money the most, you can opt for the services of Australian Super Finder in giving your sound advice and help you qualify for an early release of your super benefits. For inquiries, Call us 1300 252 167

9. Short-term resident departs Australia for good

If you no longer reside in Australia, you can your Australian super benefits the moment you depart Australia for good. Technically, you are not a resident of Australia if you came to Australia on a legitimate short-term resident visa.

Bear in mind that based on this term, if you are a citizen of New Zealand or Australia, or a long-term resident of Australia, or if you have a visa for retirement, then you are unable to get to your superannuation privileges upon leaving Australia for good, even if citizens of New Zealand might be capable of transferring Australian superannuation benefits to an account with KiwiSaver.


  • Short-term residents are not treated the same based on the superannuation policies upon getting superannuation privileges early. However, you must verify with the Australian Tax Office about the manner the policies are particularly relevant to your situation.
  • If a certain person has held a short-term visa based on the Migration Act of 1958 (not including visas for subcategories 410 and 405), then such a person is qualified to go for a DASP or ‘Departing Australia Superannuation Payment’ upon departing Australia.
  • In usual scenarios, a super fund has to move the short-term resident’s superannuation privileges to the Australian Tax Office if the person has not requested for the privileges within a period of 6 months upon leaving Australia, or within a period of 6 months of the cancellation or expiration of the visa, whichever would be later.

A short-term resident does not have to request for his or her superannuation privileges upon departing the country or, at a much later time. One can relegate the privileges in Australia until such time the individual retires.

However, if the superannuation privileges are transferred to the Australian Tax Office, the amount is not spent on behalf of the individual. This simply means that the superannuation privilege does not get any investment returns or pay premiums in the form of insurance.

Instead, since July 1, 2013, the superannuation benefit gets some ‘interest.’ The ‘interest’ is going to be paid at an amount equal to the inflation rate – CPI or Consumer Price Index on all super accounts requested from the Australian Tax Office.

If you think that superannuation accounts had stayed with the superannuation fund, then you should expect investment earnings (and at times investment losses) minus the fees.

Making a claim for benefits

If you satisfy the criteria for eligibility as a former Australian resident and you’re looking to claim your super benefits, several options can be offered to you. The claiming method you select will be determined by several factors like how long ago you left Australia. Your chosen methods to claim your super benefits as a former Australian resident are as follows:

  • Make the claim straight to the fund. If it’s been six months or less since you permanently left Australia and you wish to claim your super benefits, you can claim straight to the super fund. Often, you can go find lost super online or contact the company by phone to begin the claims process.
      • Visit the ATO: if your super benefits go unclaimed for over six months after you left Australia permanently, you benefits will often be moved to the ATO and categorized as unclaimed superannuation. The ATO has a database of in unclaimed superannuation so if it’s been more than six months since you left Australia, you will have to go through the ATO. The ATO has easy and a simple-to-use tool called the SuperSeeker, which is intended to give those individuals with unclaimed or lost super the information of their relevant super accounts. Then you will have to follow the process to make the claim.
  • If you’re a former temporary resident of Australia, then there’s a likelihood that you may have lost or unmonitored your superannuation. If this is the case, you can utilize the SuperSeeker tool from the ATO as well. You will have to present several details to run the search and you can be able to check any of your lost or unclaimed superannuation.

If you don’t want to or aren’t able to get online to check the details of your lost, you can find unclaimed super by choosing us and we will do the entire process for you. Having us do the work is way faster, and more convenient. For inquiries, Call us 1800 861 420

10. Grave medical condition

If you are suffering from a grave medical condition as described by the superannuation policies, you should be able to get to your superannuation privileges early. Additionally, you don’t need to pay whatever privileges tax on those privileges.

‘Grave medical condition’ has a particular description, as described in the superannuation policies. A ‘grave medical condition’ happens to a person at a particular point in time should the following conditions be present:

(a)  Two registered medical practitioners have verified separately or jointly, that the individual is suffering from a serious condition, or has received an injury, which is likely to result in the demise of the individual within a given time (the ‘certification time’) that culminates in a maximum of 24 months past the date of the verification;
(b)  At least one of the medical practitioners is a professional whose expertise is in an area that is related to the illness or injury experienced by the individual
(c)  For every single one of the certificates, the verification time has not culminated yet.

If you are under the threat of a grave illness, or a family member is under the threat of a grave condition, you can also opt for grounds of sympathy.

The certification period is twenty-four months from the certification date.

If they meet this release condition, any benefits that have accumulated up to this point becomes unrestricted non-preserved. Any extra benefits by the super member during the period of certification becomes unrestricted non-preserved benefits as well.

You can access these as a tax-exempt superannuation lump sum payment throughout the certification period. Any balances that remain following the certification period can be accessed at any moment, but may not be tax-exempt.

Any accrued benefits following the certification period aren’t covered by the release condition. Members ought to speak to you regarding the new certification which would be needed.

11. Long-term incapacity or long-term disability

Long-term incapacity or long-term disability


  • In case you are suffering from grave illness or severe disability, you can request for the whole and long-term disability insurance policy which could be linked to your superannuation account. Verify with your superannuation fund for the conditions and qualification of any insurance rule.
  • Based on the super rules, you could also get your superannuation privileges early if you are suffering from ‘long-term incapacity,’ which has a certain definition.
  • You can get your preserved superannuation privileges if you become permanently disabled, that is, the benefactor of your superannuation fund is convinced that, because of ill health, you’re not likely going to be employed in a job of which you are reasonably qualified by experience, training or education.

Possible TPD Insurance Coverage of Your Superannuation Fund

  • My suggestion is for you to verify with your superannuation fund to determine whether you have any long-term disability insurance coverage with your superannuation account and whether your circumstance is covered, which could mean a larger payout if the policy qualifications are met.

Fulfilling Long-Term Disability Description

  • Even if you do not have incapacity insurance coverage, where a person meets the description of ‘long-term disability’, he or she might be able to get their superannuation benefits if the benefactor of a superannuation fund is understandably considered that “the poor health of the member (whether mental or physical) makes it less likely that the member is going to get any profitable work in which the member is understandably eligible by experience, training or education” [Regulation 1.03C of SIS Regulations].
  • For a superannuation fund benefactor to be convinced, you have to require separate validation from two doctors verifying that your long-term disability meets the description illustrated in the previous paragraph.

Before you start your withdrawal process – you would like to find and claim all lost accounts – into one place – and you can simply do that by filling the form in this page.

12. Short-term disability

Short-term disability

What are Super Disability Benefits?

The majority of super funds offer disability insurance without any health problems – up to specific limits.

It means that if you had a prior illness or injury before you entered the fund, you’ll still be covered for disability benefits – including if you quit the labor force due to your illness or injury.

Your fund could immediately give income protection insurance or be able to qualify for such insurance through your super fund. If you are suffering from extended illness or incapacity, you can request for this insurance coverage and get the usual income, typically for up to two years.

In certain situations, insurance groups are not going to pay on income protection requests if the privilege you were to acquire (for example, 75% of your usual salary) was given by a different source during the time you were injured, like a workers’ compensation.

The idea here is that you cannot be better off financially due to the injury. However, the insurance and workers’ compensation will be available to take care of the costs and replace the income.

What amount will be used for evaluating amount protection insurance coverage?

It depends upon the superannuation fund you are categorized under. You should know that the ‘super fund income’ in a public sector fund is not the same as a person’s actual income since the ‘income’ utilized is an average income.

Your situation seems strange, however, and it could be a mistake, since we have verified that the salary protection rules of some superannuation funds, and all of the superannuation funds that I reviewed did not exclude total salary  (including salary sacrificed contributions and even regular overtime) as ‘income.’

As an initial move, verify with whoever hired you to check whether they have not updated the documents they send to the superannuation fund. You could then approach your superannuation fund and verify what the description of ‘income’ is for the technical function of the fund’s salary protection insurance, and life insurance, and whether it includes shift loading.

Also, many super funds allow individuals to withdraw extra salary protection coverage or life insurance coverage, subjected to the application of certain details, and in most cases, after going through a medical examination.

Note: Dealing with your insurance can be quite a hassle. If you want to get through this process with less hassle, Australian Super Finder can give you advice on how to deal with your insurance and how to be eligible of this super benefit. Call Us 1800 861 420

But if you want additional coverage, you may need to fill out a health questionnaire.

Making Superannuation Disability Claims

a) When to claim:


  • You should make disability claims as soon as possible.
  • But you can often claim after many years of your retirement.
  • It does not usually matter if you have been paid out your superannuation contributions.
  • Moreover, disability claims can be made the individual’s estate after they pass away.

b) How to Claim:

  • You can fill in claim forms as well as medical reports and other documents.
  • An in-charge may ask you to sign workers’ compensation, medical, and tax authorities, as well as undergo a few rehab and medical exams.
  • But you need to provide them with reasonable details relevant to our claim and often go to quite several medical appointments.
  • It is extremely crucial that you give the medical reports and proper information as well as to make compliances to assist in your claim. If you’re overly involved in your claim, then it can be used against you.

In general, TPD claims take around 12 months and TTD claims around 2-4 months. But both can be rather longer.

13. Decided to get your benefits as a lifetime benefit or annuity

Granted that you consider your superannuation as a non-convertible lifetime benefit or annuity, you can get your superannuation at any age. A non-convertible lifetime benefit or annuity is something that you acquire for your lifetime but which you cannot change to a lump sum value.

Usually, this lifetime benefit option is only present in older public sector superannuation funds. How you opt to acquire your benefit is a major decision. You cannot change your judgment, and your choice is going to affect the level of retirement comfort you will enjoy for the rest of your life.

If your organization provides you with options, you will have to meticulously balance the pros and cons of getting a lump sum as opposed to getting an annuity distribution before you make this long-term decision.

A few organizations demand that you take your benefit plan in the form of an annuity amount; especially monthly amounts for your life.

A lot of companies, however, will you the benefit of taking your privilege as a lump sum distribution rather than an annuity payout. Or, in other cases, you could get a portion of it as an annuity and a portion of it as a lump sum.

Taking a lump sum

If you considering taking your superannuation as a lump sum, think the following:


  • Making your money last. A lump sum payment could aid you to pay off your home loan as well as other financial debts, but you need to consider what you will live on if you do not have superannuation left.

The Age Pension could be an excellent option, though if you are hoping wholly on the government’s support, you ought to consider the kind of lifestyle it will finance.

Association of Superannuation Funds of Australia tells us a 65-year-old couple who retires today requires a yearly income of $60,457 to finance a retirement lifestyle that comfortable, relaxed and content, assuming that both individuals are healthy and completely own their house.

By comparison, the maximum rate of Age Pension for a couple is presently $35,573.20 annually.

  • Collecting regular income. If you are considering a retirement income stream would be more suitable to your retirement needs, then an account-based pension may be a tax-effective option.

Note that if you are converting your superannuation into an account-based pension to grow retirement income, then most you can transfer into the super is $1.6 million.
Other things to think about include:

  • Having access to your money. There is often no limit to the amount you can withdraw from account-based pensions. Therefore, aside from getting periodic payments, you can decide to withdraw a portion or all of your money (lump sum).
  • But annually, you will have to withdraw a minimum amount – which is calculated according to your age as well as will be your account balance percentage every year.

Possible tax implications

By transferring your superannuation money into an account-based pension, the money shall be exposed to the various tax rules that apply to cash held outside super. It means that:

  • You won’t be taxed on your investment earnings in your fund
  • From 60 years old, you will not pay tax on payments within account-based pension you get
  • If you are between preservation age and 60 years old, the taxable part of your account-based pension is taxed at your rate of marginal income tax, less 15% tax offset.

Whether or not an account-based pension is tax effective, it will depend on your personal case.

14. Your Death

Your Death

Should you die, your super fund gives your death privilege to your property, or to your partner or other beneficiaries.

If you intend to relegate your superannuation to your adult children when you pass away, your super death privilege could be hit with privileges tax, even if you have acquired that privilege free of tax (if aged 60 or above) while still alive.

The rationale behind this inconsistency is that super death privileges transferred to members who are labeled as ‘non-dependents under the tax policies,’ like financially independent adult children, can still be under a special ‘death tax.’


  • If your death privileges are given to a person labeled as a ‘dependent based on tax policies,’ but, no tax is payable on the privilege. Technically, this kind of dependent is termed as a “death privileges dependent” (based on the Salary Tax Assessment Act of 1997).
  • Death privileges dependents (that is, dependents under the tax policies) include your partner, children below 18 years old, any person who is financially dependent on you (which could include adult children), or any individual who has a benefactor-beneficiary relationship with you (which could also include adult children).
  • A child who is disabled permanently can be considered death benefits dependent even when above 18 years old.

In general, your dependents based on the super policies, or your legitimate personal representative, are the only individuals who could get a death privilege straight from your super fund.

A person who is not your dependent under the superannuation laws could get your death privilege but, in most cases, this could only happen if the benefit is given first to your estate. If you don’t have any dependents, your death privilege is given to your estate.

Paying super death benefits


“Dependant,” by definition, is slightly different for:

  • The way the death benefit will be taxed under the taxation law
  • Who gets death benefit under the superannuation law

Under the super law, a death benefit dependant includes the following:

  • the deceased’s de facto spouse or spouse
  • the deceased’s child (any age)
  • an individual in an interdependency (close personal) relationship with the deceased – this close personal relationship between two individuals who reside together, where one and/or both provide for the personal, financial, and domestic support of the other.

Under tax law, a death benefit dependant includes the following:

  • the deceased’s de facto spouse or spouse
  • the deceased’s de facto spouse or former spouse
  • the deceased’s child under 18 years old
  • an individual financially reliant on the deceased
  • an individual in an interdependency (close personal) relationship with the deceased

Under tax laws, an individual is included in a “death benefit” dependant’s definition is they get a superannuation lump sum because the deceased passed away in the line of duty. As members of the defense force, these individuals will be the Australian Federal Police or a protective service officer, or a territory or state’s police force.


Improper access to your superannuation is not allowed. There are consequences for your fund and you if you attempt to access your superannuation before you’re legally allowed to do so. These are:

  • prosecution
  • trustee disqualification
  • imposition of admin penalties
  • the fund being made non-complying

Any cash illegally accessed will be included in the assessable salary of the person and taxed at the marginal rate of tax.

Before you start your withdrawal process – you would like to find and claim all lost accounts – into one place – and you can do that by filling out this form.

To determine the different items that you have to consider and learn how you have to do the calculations so you can compare alternatives, you can set a free consultation with Australian Super Finder. If you still have any doubt about “How can I Withdraw My Superannuation?” contatc us today, We will give you sound advice.


“Fantastic Service! I highly recommend Australian Super Finder! Customer service treated me with great value, instead of just another client looking for money these days. They helped process my application and provided me with reliable and transparent information in the process.” – by Victor Wood

“Instant help when you need it! I was injured at work at that stopped me from working and earning money. Australian Super Finder helped me in times of difficulty and got me qualified my super benefits. Thanks a lot!” – Barbara Flum

Disclaimer: All information on this website is of a general nature only. We have not taken into account your financial situation, needs or objectives. You need to make up your own mind and ascertain yourself if it is right for you. We recommend you read the product disclosure statement(s) and the financial services guide before making any financial decision.

Free of charge

We can help you find your lost Super

Learn MoreFind your Super

Free Super search

Free Super search