⚠️ This page relates to the COVID-19 early super access scheme, which ended on 31 December 2020. The information below is retained for historical reference only. This scheme is no longer available.
How much superannuation could I withdraw?
Under the scheme, eligible individuals could withdraw up to $20,000 from their superannuation, in two separate amounts of up to $10,000 each.
When could withdrawals be made?
The first $10,000 had to be accessed before 1 July 2020 (within the 2019–20 financial year). The second $10,000 had to be accessed between 1 July 2020 and 31 December 2020.
Did I need to be unemployed?
No. Unemployment was one eligibility criterion, but not the only one. Individuals who were made redundant or had their working hours reduced by 20% or more after 1 January 2020 were also eligible.
What if I was a sole trader or contractor?
Sole traders and contractors were eligible if their business was suspended or they experienced a reduction in turnover of 20% or more since 1 January 2020.
For current information on accessing your super, visit the ATO's superannuation withdrawal page.
