Do not take up any offers without first checking if they are legal. Severe penalties apply for illegally accessing your super early. If someone approaches you advising that you can withdraw your super early, without meeting certain conditions, you should: • stop any involvement with the scheme, organisation or the person who approached you • not sign any documents • not provide them with any of your personal details • phone us on 13 10 20 and advise us of your situation.
Tax Talk: When can I legally take out my super?
Source: Getty Images
Sue Tawadros from Australian Tax Office (ATO) talks about when Australians can legally take out their super.
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