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can super be used as payout |
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mumof2girls ![]() Newbie ![]() Joined: 24/November/2017 Location: Australia Posts: 16 |
![]() ![]() ![]() Posted: 20/March/2018 at 17:03 |
If you ex wants to have the house in their name and remorgage the house but you ask for a cash settlement and they can't get a loan for that amount are they able to access their super to pay you out?
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DoogleMcFroogle ![]() Senior Member ![]() ![]() Joined: 09/July/2013 Location: Australia Posts: 115 |
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Generally they wont be able to withdraw from their super and pay you out in cash ( it will be taxed if allowed - let it be their problem if so ).
Generally super can be transferred to you if you agree, NOTE: You will not be able to access the super transfer as cash - it will remain in your super fund until such time you retire ( or have age access ) Best to get cash. |
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mumof2girls ![]() Newbie ![]() Joined: 24/November/2017 Location: Australia Posts: 16 |
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Thankyou for replying will look at all options not sure they can get a loan that big on their own..but will see
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