Early release of superannuation under compassionate grounds

 Author: BroncosvRabbits(Devotee)Devotee

17 Aug 2025

Hello @Loquillo,

Thank you for your enquiry.

I'm not sure what penalty you think you're going to get?

If you provided the correct documents to get approved and you were approved, you've therefore done nothing wrong.

Your application was processed and approved with no wrongdoing. There's no penalty if you cannot medically use it for it's intended purpose.

You will have to declare it in next years tax return though and possibly pay tax on it, but that would've happened regardless of what it was used for. 👌

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