Early release of Super funds – Can I use Super for my surgery?

Applying for Early Release of Super Funds for Surgery

Many patients ask us about applying for an early release of super funds to pay for their plastic surgery. It is not an uncommon question, especially for patients seeking procedures such as skin reduction after extreme weight loss or bariatric surgery, breast reduction, corrective rhinoplasty and eyelid surgery.

Several recent patients have been able to access their accumulated Superannuation Funds to pay for their own life-changing surgery. However, keep in mind that there is a special government process to follow and many forms to fill out, and nothing is guaranteed.

If you are considering applying for an early withdrawal of your super to help fund your plastic surgery – here are some important things you need to know.

Download our Guide to Medicare and Health Insurance for Plastic Surgery

Medicare and Health Insurance Guide

How do I apply?

Applications for early release of super for surgery are made through the ATO via your ‘MyGov’ account. There is no guarantee that you will be approved and the rules and regulations around super withdrawal for surgery are subject to sudden changes.

How do I know if my application will be approved?

The answer to this question is that it will depend on a number of factors, including your financial situation.

If you apply for an early release of super:

  • Your condition must meet certain criteria to apply for compassionate release of funds
  • It is often only granted for medically necessary plastic surgery, not cosmetic surgery
  • It can take several weeks for your application to be approved (around 2-3 weeks or longer)
  • Your Super Fund provider may have the final say in whether or not you will be approved for early release

Early release will most likely apply to plastic surgery which is related to health concerns, such as:

When it comes to an early release of Superannuation for Surgery, some Super Funds allow early super withdrawal for procedures, however, some do not.

Can your Superannuation Fund be used to pay for your Plastic Surgery?

woman on laptop

In most cases, Australians cannot unlock their Super until they reach ”preservation age”.

This is between 55 and 60, depending on your birth date. But, under exceptional circumstances, the ATO will assess early access on ‘compassionate grounds’, which includes medical procedures to treat life-threatening illnesses and chronic pain.

Not all super funds permit early access of super benefits on these grounds, so you should check with your super fund before applying. The ATO website also provides useful information on the preservation of Super and gaining early access to your Super.

Unanswered Questions?

  1. Check out a bigger list of FAQ’s and information on the surgical process
  2. Attend a Monthly Patient Information Evening Event
  3. For more information about Pricing and Payment methods of your Surgery, please visit our page on Surgery Payments.
  4. You can also talk to a Patient Care Team to answer your questions from 8am-6pm Monday to Friday on (03) 8849 1444

*Disclaimer: Information about payment methods and early Super release on our surgery website are for general information and discussion purposes only. This information has been compiled without taking into account your personal situation, financial needs or responsibilities. Before acting on information about funding your plastic surgery procedure or payment methods, you should carefully consider its appropriateness, with regard to and professional advice about your individual financial situation and needs. The information on this website is also no substitute for financial advice and is subject to change.