Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Hi Alexei,

We'd recommend you get specific legal/taxation advice.

However, from my reading of the ATO rules, there is no release mechanism until your wife retires or meets another 'condition of release' (usually disability or severe financial hardship).

The reason seems to be that as an Australian citizen, she has the opportunity to return to Australia to retire - so the system requires any superannuation to be held until retirement for that reason.

Again - the system is very complex, please seek personal advice before taking action either way.

I hope that's helped somewhat.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.