If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take. We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations. If you invest the money, the money that you earn on those investments will not be taxed as super and may need to be declared in your tax return.Ĭheck your super You can receive your super as a super income stream, super lump sum or a combination of both. If you take a lump sum out of your super, the money is no longer considered to be super. However, if you ask your fund to set up regular payments from your super it is considered an income stream. You may be able to withdraw your super in several lump sums. If your super fund allows it, you may be able to withdraw some or all your super in a single payment.
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