Sample Document - early release on compassionate grounds

The Federal Government as part of its Coronavirus economic response is provided individuals with temporary early release access to their super, up to $10,000 for both the 2019-20 and 2020-21 financial years.  Eligibility criteria applies.
Where an individual has applied to the ATO and the Commissioner has made a determination for the trustee to pay an early release amount under compassionate grounds (due to COVID-19), you can generate the following documents from Smarter SMSF platform to document the process:
  • Member notice requesting early release payment as lump sum;
  • Trustee minute for payment of early release payment
  • Trustee notification to member for early release super payment.

Available to order on Smarter SMSF platform and Simple Fund 360.

View the sample document:

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