Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

How to Withdraw Super

How to Withdraw Super

Thread Tools
 
Old Oct 2nd 2012, 11:12 am
  #16  
Wol
Lost in BE Cyberspace
 
Wol's Avatar
 
Joined: Mar 2003
Posts: 9,397
Wol has a reputation beyond reputeWol has a reputation beyond reputeWol has a reputation beyond reputeWol has a reputation beyond reputeWol has a reputation beyond reputeWol has a reputation beyond reputeWol has a reputation beyond reputeWol has a reputation beyond reputeWol has a reputation beyond reputeWol has a reputation beyond reputeWol has a reputation beyond repute
Default Re: How to Withdraw Super

The back of the "Outgoing passenger" card you fill in when going outbound at the airport says that you can laim your super money back.

http://www.ato.gov.au/individuals/co...epartaustralia

is the reference it points you to.
Wol is offline  
Old Oct 2nd 2012, 2:35 pm
  #17  
Forum Regular
 
Joined: Jul 2011
Posts: 59
pomE is just really nicepomE is just really nicepomE is just really nicepomE is just really nicepomE is just really nicepomE is just really nicepomE is just really nicepomE is just really nicepomE is just really nice
Default Re: How to Withdraw Super

Without wishing to hijack this thread, can anyone advise whether it is possible for one to return to Australia after departing part-way through their 457 working visa?

We left Australia for family reasons recently, and without going into a whole string of "whys?", and "hows?", may possibly be looking to return there in the future- probably not for another year at least.

As long as one finds a sponsor for the 457, is it possible, or is there some kind of "cooling-off", period before you can re-apply etc?
pomE is offline  
Old Oct 3rd 2012, 12:32 pm
  #18  
Home and Happy
 
Pollyana's Avatar
 
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,816
Pollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond repute
Default Re: How to Withdraw Super

Originally Posted by pomE
Without wishing to hijack this thread, can anyone advise whether it is possible for one to return to Australia after departing part-way through their 457 working visa?

We left Australia for family reasons recently, and without going into a whole string of "whys?", and "hows?", may possibly be looking to return there in the future- probably not for another year at least.

As long as one finds a sponsor for the 457, is it possible, or is there some kind of "cooling-off", period before you can re-apply etc?
Yes you can reapply if you meet all the criteria, no there is no "cooling off period"
Pollyana is offline  
Old Oct 8th 2012, 10:01 am
  #19  
Forum Regular
 
Joined: Dec 2009
Posts: 44
Joy.Please has a spectacular aura aboutJoy.Please has a spectacular aura aboutJoy.Please has a spectacular aura about
Default Re: How to Withdraw Super

Originally Posted by newjersey
It seems that you are moving back in, so if you want to start your PR from lying to the government, go ahead.
What negativity ! The OP is fully justified in asking for his super back - it is his money. He has paid his taxes while he worked in Oz and might not want to (surpise surprise !) claim any social security from Australian govt.

OP, now that you are a PR(though not yet activated), you probably can't withdraw super till retirement age. That's what I understood from the following link (refer the 'temporary resident' section) -

http://www.ato.gov.au/individuals/co...tent/19155.htm

Last edited by Joy.Please; Oct 8th 2012 at 10:17 am.
Joy.Please is offline  
Old Oct 8th 2012, 12:38 pm
  #20  
Home and Happy
 
Pollyana's Avatar
 
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,816
Pollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond repute
Default Re: How to Withdraw Super

Originally Posted by Joy.Please
What negativity ! The OP is fully justified in asking for his super back - it is his money. He has paid his taxes while he worked in Oz and might not want to (surpise surprise !) claim any social security from Australian govt.

OP, now that you are a PR(though not yet activated), you probably can't withdraw super till retirement age. That's what I understood from the following link (refer the 'temporary resident' section) -

http://www.ato.gov.au/individuals/co...tent/19155.htm
He is only entitled to have it back if he is not a permanent resident (or citizen) of Australia.
If he had sorted it after the 457 was cancelled, and before getting PR that would be fine. His PR has been granted, proving there is no intent to permanently depart Australia - hence he is not entitled to withdraw his super.
It has nothing to do with wanting to claim social security from the Aus Govt, that is totally unrelated to a Super fund.
Pollyana is offline  
Old Oct 8th 2012, 7:00 pm
  #21  
Lost in BE Cyberspace
 
Bermudashorts's Avatar
 
Joined: Feb 2009
Location: UK
Posts: 14,284
Bermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond repute
Default Re: How to Withdraw Super

Originally Posted by Joy.Please
What negativity ! The OP is fully justified in asking for his super back - it is his money. He has paid his taxes while he worked in Oz and might not want to (surpise surprise !) claim any social security from Australian govt.

OP, now that you are a PR(though not yet activated), you probably can't withdraw super till retirement age. That's what I understood from the following link (refer the 'temporary resident' section) -

http://www.ato.gov.au/individuals/co...tent/19155.htm
Perhaps you should understand better what super is before commenting. It certainly has nothing to do with social security! It is his personal retirement fund and it is wise to save up for ones old age.

It is good that Australia tries to ensure that people do this, because not everybody takes responsibility to do so themselves.
Bermudashorts is offline  
Old Oct 9th 2012, 8:21 am
  #22  
Forum Regular
Thread Starter
 
Joined: Nov 2008
Posts: 206
vr4indian is an unknown quantity at this point
Default Re: How to Withdraw Super

Hi All

Thank you all for your suggestion. I got message that I cant withdraw my super. However, it been disheartning to see the way certain group of people are interpreting questions while answering.

Basically, if you think it is dumb question, please delete post or reduce priority before unleashing your knowledge with lot of 'undesirable' attitude.

Thank you again for help so far.
vr4indian is offline  
Old Oct 9th 2012, 10:41 am
  #23  
Lost in BE Cyberspace
 
Bermudashorts's Avatar
 
Joined: Feb 2009
Location: UK
Posts: 14,284
Bermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond repute
Default Re: How to Withdraw Super

Originally Posted by vr4indian
Hi All

Thank you all for your suggestion. I got message that I cant withdraw my super. However, it been disheartning to see the way certain group of people are interpreting questions while answering.

Basically, if you think it is dumb question, please delete post or reduce priority before unleashing your knowledge with lot of 'undesirable' attitude.

Thank you again for help so far.
I have no idea what you mean, you have received a lot of factual responses. If you want a particular type of response, then don't ask questions on an internet forum.
Bermudashorts is offline  
Old Oct 9th 2012, 12:30 pm
  #24  
Home and Happy
 
Pollyana's Avatar
 
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,816
Pollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond reputePollyana has a reputation beyond repute
Default Re: How to Withdraw Super

Originally Posted by vr4indian
Hi All

Thank you all for your suggestion. I got message that I cant withdraw my super. However, it been disheartning to see the way certain group of people are interpreting questions while answering.

Basically, if you think it is dumb question, please delete post or reduce priority before unleashing your knowledge with lot of 'undesirable' attitude.

Thank you again for help so far.
No-one will delete the post, it is asking for assistance and thats what the forum is for.
No-one can "reduce priority"as it has the same priority as every other post on here.
Its a public forum and you have been given straight answers. If this is not what you wanted maybe you should consult a financial advisor and pay for a private consultation instead.
Pollyana is offline  
Old Oct 22nd 2012, 5:45 pm
  #25  
Forum Regular
 
Joined: Dec 2009
Posts: 44
Joy.Please has a spectacular aura aboutJoy.Please has a spectacular aura aboutJoy.Please has a spectacular aura about
Default Re: How to Withdraw Super

Didn't check back BE - hence delayed response.

Social security is very much related to the Super fund. I am surprised Bermuda Shorts (who I guess is an Accountant) also is questioning this.

Social security is formed of 3 pillars usually - State provided support (Old age pension in Australia), Occupational accumulation (Super fund in Australia) and finally, Privately funded income (privately purchased annuities).

Australian govt. is encouraging 2nd and 3rd pillars to reduce burden on the 1st pillar. That is why Australian govt. prohibits withdrawal of Super fund before preservation age. Otherwise people would withdraw, exhaust the money and come to the govt. for Old Age pension.




Originally Posted by Pollyana
It has nothing to do with wanting to claim social security from the Aus Govt, that is totally unrelated to a Super fund.
Joy.Please is offline  
Old Oct 22nd 2012, 5:59 pm
  #26  
Forum Regular
 
Joined: Dec 2009
Posts: 44
Joy.Please has a spectacular aura aboutJoy.Please has a spectacular aura aboutJoy.Please has a spectacular aura about
Default Re: How to Withdraw Super

My understanding is sound - see my response to Pollyana.

Originally Posted by Bermudashorts
Perhaps you should understand better what super is before commenting. It certainly has nothing to do with social security!
Joy.Please is offline  
Old Oct 22nd 2012, 8:17 pm
  #27  
Lost in BE Cyberspace
 
Bermudashorts's Avatar
 
Joined: Feb 2009
Location: UK
Posts: 14,284
Bermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond repute
Default Re: How to Withdraw Super

Originally Posted by Joy.Please
My understanding is sound - see my response to Pollyana.
No it isn't as you have demonstrated again.

Your knowledge of what an accountant does is not too hot either.
Bermudashorts is offline  
Old Oct 23rd 2012, 6:07 am
  #28  
Forum Regular
 
Joined: Dec 2009
Posts: 44
Joy.Please has a spectacular aura aboutJoy.Please has a spectacular aura aboutJoy.Please has a spectacular aura about
Default Re: How to Withdraw Super

You sure are hot.

Hot headed, I mean

Originally Posted by Bermudashorts
Your knowledge of what an accountant does is not too hot either.
Joy.Please is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.