Has anyone ever withdrawn money on super for medical expenses? Does it affect anything (I’ve got next to nothing in super anyway 🥺). I’m only on Centrelink atm. I’m desperate and can’t think of another way to come up with the funds.
Has anyone ever withdrawn money on super for medical expenses? Does it affect anything (I’ve got next to nothing in super anyway 🥺). I’m only on Centrelink atm. I’m desperate and can’t think of another way to come up with the funds.
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1 Replies
Yes I have just done this however there was x2 medical reports required from a specialist and Dr then quotes
This is considered income and can impact you Centrelink payment
It’s also taxed at 20%
You need to speak to a financial advisor