Did you know that your superannuation in Australia can be used to fund essential dental care? At Supreme Dental Heyfield(change to each practice name accordingly), we’re committed to making quality dental care accessible to all. By unlocking your superannuation under the Early Release of Superannuation (ERS) scheme, you can get the dental care you need without the financial strain.
Allow us to show you how it works and why it can be the best solution in your case.
Under the ERS scheme, you can apply to access your superannuation funds to cover dental treatments such as:
This financial pathway ensures you get the dental care you need, exactly when you need it, without unnecessary delays or financial stress.
To access your superannuation for dental treatments , there are two methoda:
Self apply :
you will first have to apply for early release of superannuation through the ERS scheme. The process involves providing evidence for the dental treatment needed and proving that the treatment is crucial to your wellbeing. Once the application is approved, you can access your funds. You need to fill out a form on the ATO website and meet the eligibility criteria to support your application.
SuperCare :
An organisation that assists patients in accessing their superannuation early without navigating the ATO themselves. There’s a service fee involved.
Our team at Supreme Dental Heyfield(change to each practice name accordingly), will ensure you get the best possible care at our facility, all while guiding you through the superannuation process.
Contact us to find out more
The average processing time for early release of superannuation can take anywhere between 4 to 6 weeks or more, depending on your application review.
What Are the Potential Risks of Accessing Superannuation Early for Dental Treatment?
Though access to superannuation can provide you with financial relief; it is important to consider the risks associated with it.
Please check with your tax agent for more information.
To withdraw super early, you must meet the specific criteria for medical treatment, or other approved reasons. You will have to submit supporting documents related to your dental treatments and financials.
You can access your super fund once you have reached your retirement age. However, if you wish to access it early, you will have to meet the criteria for early release of funds.
No, you cannot withdraw your super at any time. Early release of funds is allowed only under specific conditions.
If you need assistance with the superannuation process in Melbourne for dental treatments, kindly get in touch with our team. From helping you understand the eligibility to submitting your application, we will guide you through every step.
Monday to Friday: 9am to 5pm