Woolgoolga Seniors' Centre

Woolgoolga Seniors' Centre
The Best Venue for Ages

Friday, 8 May 2020

Early release superannuation 2020



For those of you looking to access Superannuation payment. 😡😡

Please be aware- Have seen a few articles on the early access to super program - people accessing through the ATOs website with stolen credentials the targets superannuation and other claiming to be intermediaries to Access it are transferring unsuspecting clients while balance to a recently opened self managed super fund and one man $ 10k to their fraudulent business account and disappeared after they had it sometimes they have transferred this to offshore accounts ATO HAS CONFIRMED THIS so just check your balances and if you have Insurance via your super as a free inclusion make sure. You have the box ticked to continue your coverage as accounts that have less than 6000 in them at the 1st of April and or are inactive for over 18 mths without contributions these will. Automatically default to no cover for TPI//INCOME / or what ever else you had like funeral life insurance and nominate your beneficiary so Hovernement doesn’t take control of it if you have a sudden shortening life expectancy you weren’t expecting - got till end of the month to get the super ducks in a row !



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