Accessing Superannuation to Pay for Dental Treatments

Our Carrum Downs Dental Group Clinic strives to provide patients with excellent oral and dental care. Our goal is for each patient to achieve optimal oral health and well-being. We understand that certain dental treatments can be costly for some individuals. That's why we've collaborated with Access My Super to provide an additional payment option specifically designed with your needs in mind.

Can I Access My Superannuation to Pay for My Dental Procedures?

In Australia, individuals can access their superannuation savings to help pay for substantial essential dental procedures, provided they supply supporting documentation to the Australian Taxation Office (ATO). The ATO may approve the early release of superannuation funds based on severe financial hardship or compassionate circumstances. The ATO requires evidence that you are experiencing acute or ongoing dental pain and that the funds will be used to pay for necessary dental treatment to remedy this pain.

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What is acute dental pain?

Acute dental pain is sudden, severe pain caused by dental problems requiring urgent treatment. The quick development or worsening of issues such as dental caries, infected gums, or abscessed teeth brings it on. Urgent dental intervention is necessary to alleviate acute dental pain due to an existing dental condition's swift onset or progression.

What is chronic dental pain?

Chronic dental pain is defined as a dental condition persisting for a minimum of three months, with a likelihood of an indefinite duration or less rapid changes.

Individuals seeking early access to their superannuation savings for urgent or chronic dental treatment must meet specific eligibility criteria as outlined by the Australian Taxation Office (ATO):

  • Proof of financial hardship - Applicants must demonstrate no other financial means to pay for necessary dental care.
  • Medically required treatment - The requested funds are for essential care, not cosmetic or elective procedures.
  • Public health services are unavailable - Public health services cannot adequately provide the required dental treatment.
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What Procedures Can I Access My Super for?

Many patients utilize superannuation funds to pay for extensive treatments such as All-on-4 dental implants and traditional implants. Other procedures that may qualify include certain orthodontic treatments and root canals.

As you apply to access your super account funds, our dental office will provide a comprehensive treatment plan as part of the required documentation.

Who is Access My Super?

Access My Super is a professional company that helps people access their superannuation accounts early to pay for essential dental treatments.

The experts at Access My Super specialize in superannuation and tax law and evaluate eligibility to assist patients in utilizing their super money. They fully guarantee their services and work on a “No Approval, No Fee” basis.

The Benefits of Using Access My Super for Dental Costs

  • Hassle-free access to superannuation money for dental health.
  • Consulting with superannuation and tax specialists.
  • Support throughout the entire process
  • Let the professionals handle everything from application to approval
  • No-obligation initial consultation
  • Get funds within ten days of approval

Schedule an Access My Super Solution Today

You can now confidently proceed with your preferred dental treatment to transform your smile.

Talk to our office team in person or call us today.

Frequently Asked Questions (FAQs)

To be eligible for early release of super for dental care, you first must be an Australian or New Zealander who is a permanent resident or citizen. On top of this basic qualifier, you need to be experiencing acute or chronic dental pain requiring treatment. Additionally, early release eligibility depends on not being able to afford dental treatments by other means, and the public health system cannot provide the procedures you need.

What amount can be withdrawn for dental treatments has no limits in place. Whatever specific superannuation amount corresponds to the full cost of your proposed dental treatments is available for early release. So there are no caps that would restrict how much you access.

In situations where your personal super account lacks sufficient balances on its own to cover the complete cost of dental treatments, utilizing a spouse's or partner's super funds is an option. This allows you to tap into those additional funds when your own falls short of fully paying for the required care.

Expect your Letter of Approval in around two weeks typically. Throughout the process, Access My Super keeps you fully updated on where things stand as the application progresses.

Access My Super has achieved a perfect approval rate to date. However, if your early release application is denied, they provide a detailed ATO explanation of why. Additionally, under their “No Approval, No Fee” policy, you would not incur any fees after a denial.

To ultimately access superannuation money early, active MyGov and ATO online account access is mandatory. Your ATO account specifically needs to be formally linked to your MyGov account. Access My Super also supplies the necessary Dental Treatment Plan for ATO early-release applications.

Before consulting with Access My Super, you should contact your super fund directly. Doing so lets you confirm your current balance is enough for early release to pay for the treatments proposed. Additionally, verify with ATO and MyGov that contact information and account linkages are all set.