What is a condition of release?

To withdraw some or all of your superannuation, you will need to satisfy a condition of release.

To satisfy a condition of release, you will need to have either:

• reached your preservation age and retired
• left a job since reaching age 60 or;
• reached age 65 (even if you haven't retired)

Generally you will need to have reached your preservation age before satisfying a condition of release. There are a limited exceptions, including:

• permanent incapacity
• temporary incapacity
• severe financial hardship
• compassionate grounds
• terminal medical condition
• First home super saver scheme (FHSSS)
• Departing Australia Superannuation Payment (DASP)

If you believe that any of the above apply to you, please see our section on early release of super.