You can initiate online withdrawal and rollover payments from your client’s super accounts. Withdrawal payments can be paid out either to your client’s nominated account or to another account of their choosing. Rollover payments can be paid out to either a self managed super fund (SMSF) or an APRA-regulated super fund.
Please ensure relevant tax deduction claim forms have been submitted where your clients wish to claim a tax deduction before the withdrawal or rollover is submitted.
If the withdrawal results in your client accessing restricted/preserved benefits, you’ll need to select the early release of super declaration that applies for your client and upload supporting documents.