Just wondering if I can use my super to bring down some of my hefty mortgage on an investment property that I do not live in and I have not yet retired..
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Hello @sambaglieri
You can only access your super for certain things. Investment properties are generally not eligible.
See an earlier post for links to more info.
We at the ATO can administer Early release of super under Compassionate grounds.
Certain requests are done straight from your super fund, with no involvement from us at all.
Depending on your age you could consider a Transition to retirement as another option.
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Hello @sambaglieri
You can only access your super for certain things. Investment properties are generally not eligible.
See an earlier post for links to more info.
We at the ATO can administer Early release of super under Compassionate grounds.
Certain requests are done straight from your super fund, with no involvement from us at all.
Depending on your age you could consider a Transition to retirement as another option.
You need to pass a condition of release before super can be accessed.
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