I am 60 years of age and have been made redundant. Will get a redundancy payout, but want to pay off all my bills and loans. Including Home loan. It will not pay all the home loan off and want to access super to pay the rest of Home loan off. Can I do this ?
Any advise would be appreciated
thankyou
Ceasing a position of employment after age 60 means you have passed a condition of release.
Hi @ChrissyL,
As @Bruce4Tax ‘s has said, since you’ve stopped working after turning 60 you’ve met a condition of release. This means you can usually access your super.
The link just gives you a bit more info, if you’d like to check it out for yourself.
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