I turned 60 in January 2025. My Super company says you must be 60 and 39 weeks before you can access the full sum, I am currently without any job. I am in bankruptcy and this finishes July 2025. The law says I can access super while in bankruptcy (but not before) and its protected by law? We are in financial hardship and have not received any government assistance simply because everytime we have received any assistance over the years it always ended in a pay back and I do not want the stress, instead we drew down on our savings till now we have none and in real need.
I am unsure whether to apply for fund release on the grounds of financial hardship which may have me jumping hoops to prove everything and receive part payment only or simply ask for the full sum now being 60 years old and not working? any thoughts would be appreciated.
Do other super funds have the (and 39 weeks) stipulation?
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