Technical Bulletin:

Early access to superannuation

Providing support to retirees

https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Providing_support_for_retirees_to_manage_market_volatility.pdf

50% reduction in minimum pension drawdowns

WARNING:

Reduction in Social Security deeming rates

https://www.servicesaustralia.gov.au/

Early access to superannuation

https://treasury.gov.au/sites/default/files/2020-03/Fact_sheet-Early_Access_to_Super_1.pdf

WARNING:

www.my.gov.au

• You must be unemployed; or

• You must be eligible to receive a job seeker payment, youth allowance for jobseekers, parenting payment (which includes the single and partnered payments), special benefit or farm household allowance; or

• on or after 1 January 2020:

○ you were made redundant; or

○ your working hours were reduced by 20% or more; or

○ if you are a sole trader — your business was suspended or there was a reduction in your turnover of 20% or more.

WARNING:

here