Our friendly and knowledgeable team is happy to help you access your superannuation for necessary dental care. Here's a brief list of what to do:
How To Access Your Superannuation Check List
- Check Fund Policy: Different funds have rules for early withdrawals, like medical expenses. Be sure to check your fund's policy for dental care access.
- Meet Criteria: Funds often require conditions for early access, like financial hardship or
medical reasons. Dental care might qualify under ‘compassionate grounds’ if vital for your health. - Provide Documentation: For compassionate grounds, submit medical proof, like a doctor's recommendation for necessary treatment.
- Submit Application: If eligible, apply to your fund with reasons and documents following their process.
- Wait for Approval: Approval time varies, and funds review your application against the criteria.
- Tax Implications: Early withdrawal may have tax consequences, and tax might apply based on circumstances.
- Financial Advice: Seek guidance from a financial advisor or tax professional before deciding. They'll help assess the impact on savings and guide your decision.
We Can Help Get Your Started
Remember that accessing your superannuation is an important financial decision, and it's crucial to gather all the necessary information and seek expert advice to ensure that you're making choices that align with your long-term financial goals. We invite you to call us for more information or to learn how we can help you.