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12/27/2009
Buddy Rowe
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27/12/2009 7:17:32 PM
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Cashing Out Your Super
Cashing Out Your Super Super Components Your superannuation interest is comprised of three components: 1. Preserved Component - your super balance must either stay in your current fund or you can roll it into another eligible super fund. However, if you meet a condition of release this component changes into unrestricted non-preserved. You will need to provide your super fund trustee with appropriate documentation to show that you meet a condition of release. 2. Restricted Non-preserved - this component will become unrestricted non-preserved on termination of your employment if your employer has contributed to your fund. Otherwise, as with the...
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