How to access / withdraw money from superannuation
How to Access or withdraw my super? Australia’s Superannuation system was designed to fund the retirement of our growing population, so, typically, we cannot access or withdraw super until we retire.
Why do Australians Contribute to Super?
Superannuation is the Australian Government’s answer to creating a sustainable retirement strategy for our growing population. To encourage us to grow our retirement nest egg, the Government has made Super a very attractive place to invest our money.
What is a transition to retirement strategy (TTR)?
A transition to retirement strategy is a superannuation account-based income stream that can be started when a person reaches their preservation age.
What is a Limited Recourse Borrowing Arrangement?
A limited recourse borrowing arrangement is a strategy used by self-managed superannuation funds (SMSF) to borrow funds from a third party lender and invest in a single asset, such as a residential or commercial property.