Superannuation Preservation Age Calculator

Previous

Next

4 Comments

  1. Richard Waite

    I turn 60 in November can i access some of my super and still continue to work after this date as i really don’t earn enough with all my out goings every month

    Reply
  2. ROBERT GIBSON

    I am 62 a US resident ..can I access my super tax free or must I pay 32% tax as punishment for living overseas.

    Reply
    • Chris Strano

      Hi Robert, you first need to ensure you are eligible to access your super, as the same preservation rules apply to non-residents. Generally, super withdrawals over 60 are tax free, but this will depend on the tax components within your super balance and the tax-treaty between Australia and US. Also, whether you were a temporary or permanent resident of Australia. I strongly suggest consulting a tax accountant on this regarding your specific circumstances, or discuss your options with your super fund provider.

      Reply

Submit a Comment

Your email address will not be published. Required fields are marked *