Loading
joepag1(I'm new)I'm new
10 July 2025

i am 66 years of age, still working full time and was contemplating withdrawing part of my superannuation to invest this amount myself. Is there tax payable on the amount withdrawn?

266 views
1 replies
266 views
1 replies

Most helpful response

Most helpful reply

Glenn4802(Devotee)Devotee
10 July 2025

As you are over 60, the withdrawal will be tax-free.

All replies

Featured articles

What you need to know about early release of super

10 Apr 2025 · 4 min read time

How do I transfer super into my spouse's super fund?

8 June 2023 · 2 min read time

Claiming your departing Australia superannuation payment (DASP) online

28 Aug 2025 · 5 min read time

Top liked users

  1. Bruce4Tax

    (Taxicorn)

    3107 likes

  2. Taxduck

    (Taxicorn)

    2104 likes

  3. PayrollDeanne

    (Taxicorn)

    837 likes

  4. YellowPotato

    (Taxicorn)

    545 likes

  5. knaresbro

    (Devotee)

    368 likes

Top contributors

  1. Bruce4Tax

    (Taxicorn)

    9645contributions

  2. Taxduck

    (Taxicorn)

    4811contributions

  3. PayrollDeanne

    (Taxicorn)

    2044contributions

  4. YellowPotato

    (Taxicorn)

    1382contributions

  5. YEP

    (Devotee)

    836contributions

Loading
is there tax payable on super withdrawals after the age of 60 and still working full time | ATO Community