Early release of Super Funds – Can I use my Superannuation for my Plastic Surgery?

Quite often patients ask us will my super pay for plastic surgery and how to go about applying for an early release of super funds to pay for their plastic surgery. This is not an unusual question, particularly for patients seeking procedures such as abdominoplasty and skin reduction after massive weight loss, breast reduction surgery or eyelid surgery.

Early Release of Superannuation Funds for Plastic Surgery is possible for some surgeries – Super Funds

Many patients have been able to access their accumulated funds to pay for their life-changing surgery and this may apply in your case. However, there is a special government process to follow and forms to fill out, and it is not always possible.

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

How do I Apply for Early Release of My Superannuation – Super Funds?

The application for early release of super for surgery is made through the ATO via your ‘MyGov’ account.

However, there are certain Super Funds that may not allow early withdrawals. Furthermore, the rules and regulations around super withdrawal for surgery are subject to sudden changes.

How do I know if my super funds application for early release 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.
  • Often procedures that are elligible are those that are Medically necessary plastic surgery, NOT cosmetic surgery (like Breast Augmentations)
  • Approval can take weeks (around 2-3 weeks or longer)
  • Approval for early realease may come from your Fund provider and not the ATO.
  • Abdominoplasty or Lipectomy after weight loss
  • Breast Reduction Surgery where heavy breasts lead to physical pains and chronic skin conditions
  • Body Contouring or Skin Reduction Surgery after weight loss or Bariatric Surgery
  • Other Surgeries for relieving Chronic Pain conditions

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

Super annuation-for-plastic-surgery

Can Superannuation Funds Be Used to Pay For Plastic Surgery For Younger Patients?

Typically, Australians cannot access their Super until they reach the “preservation age”. This age is between 55 and 60, depending on your birth date. But, under unique and individual circumstances, the ATO will assess early access on ‘compassionate grounds’. This includes medical procedures to treat life-threatening illnesses and chronic pain.

Not all super funds permit early access of super benefits on these grounds. 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.

As with any financial decision we suggest you research your options and make a decision that is in your best interest.

Patients can also make incremental payments leading up to their surgery. You can check out our blog post explaining this in more detail – Paying For Plastic Surgery

Dr Patrick Briggs Specialist Plastic Surgeon

Dr Patrick Briggs Melbourne Plastic Surgeon – FRCS (Plas)

Specialist Plastic and Cosmetic Surgery Clinic in Melbourne

Dr Patrick Briggs is a Specialist Plastic and Cosmetic Surgeon. Both he and his team are dedicated to excellence in patient care and are committed to treating each and every patient with respect and privacy.

Not only does he offer high-quality results he also offers natural-looking plastic and cosmetic surgery results. Furthermore, he is experienced in Breast, Body and Face Surgery having performed over 4500 Surgeries in private practice. 

Dr Patrick Briggs is an expert in breast, face and body surgery for men and women.

How can we help?

Dr Briggs’ Patient Coordinators take pleasure in assisting you with any questions when considering a plastic surgery procedure. Please call the Hawthorn East clinic in Melbourne between 8 am – 6 pm on Weekdays.

Phone 1300 264 811Email us or Book a free 15-minute Call with Dr Patrick Briggs’s team.

What Next?

Want more information about your Procedure?

  • For more information about pricing and payment methods, please visit our page on Surgery Payment options.
  • Talk to our Patient Care Team from 8 am to 6 pm Monday to Friday on 1300 264 811.
Dr Patrick Briggs consultation

What to Bring to Your Consultation

  • If you like, please bring a friend or relative to help discuss the information and your choices.
  • Take a lot of notes and thoroughly examine the documents your surgeon provides.
  • You may need to undress so it’s a good idea to wear simple clothes.

How to Book a Consultation

  • Dr Briggs’ Consultation fee is $300.
  • A referral from your GP or your specialist is helpful but not essential. However,
  • To claim any Medicare or Health Insurance you will need a referral.
  • Please contact the Patient Care Team at Coco Ruby Plastic Surgery today to book your consultation.

*Disclaimer: Individual results can vary significantly from patient to patient. The information we provide is general.  For further information on what to expect for your preferred procedures, arrange to see one of our Specialist Plastic Surgeons for a full history and surgical consultation.