Time Frame for FHSS

Question

Time Frame for FHSS

_Dan_ATO · Accepted Answer

Yes, if you start making voluntary super contributions now, you can withdraw those contributions through the FHSS scheme so long as the funds are available in your super account. Compulsory super contributions (such as employer paid super guarantee payments), can't be withdrawn via th FHSS scheme. There's no minimum super balance you need to have saved in order to withdraw your eligible funds, but the maximum amount you can apply to have released is $15,000 from any one year, and $30,000 total from contributions made over multiple years. Good luck with the house hunting! :)

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