ASK THE EXPERT
Q I am 28, not in a good financial situation and would like to clear my debts. Is there a way to access my super? I have about $20,000 in my fund. A The Government gives super tax concessions in the hope that you will have so much superannuation when you retire, you won’t need to get the aged pension. This is why early withdrawals have been made deliberately very difficult. One requirement is that you have been on unemployment benefits for a considerable length of time, or else can prove extreme financial hardship. This could include being about to be evicted from your house because you cannot make the mortgage payments.