superannuation

Discussion in 'Australia' started by LSDMIKE, Oct 11, 2008.

  1. LSDMIKE

    LSDMIKE Member

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    does anyone know if i can collect my superannuation before im 60?

    Thanks
     
  2. Bilby

    Bilby Lifetime Supporter and Freerangertarian Super Moderator

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    Yes when you are 55.
     
  3. guy

    guy Senior Member

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    probably not

    its a de facto tax

    a tax that invests heavily in shares and then loses lots of money (like recently)

    you are not allowed to use super to help you now

    good luck trying to get it from the government.

    you might just declare your own superannuation account, shift all your money out of it and then just take it out of your bank account if you are really desperate. what are they going to do to you anyway? give you a slap on the wrist?
     
  4. LSDMIKE

    LSDMIKE Member

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    Thanks guys!
     
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