ATO warns against websites sharing fake news on superannuation preservation age

The ATO is warning against fake news about changes to the superannuation preservation rules and withdrawal rules.

The Australian Taxation Office (ATO) is warning the community about a proliferation of dodgy websites sharing fake news about changes to the superannuation preservation rules and withdrawal rules starting on 1 June.

ATO Deputy Commissioner Emma Rosenzweig confirmed the maximum preservation age (the age when you can access your superannuation savings on retirement) is 60 for anyone born from 1 July 1964.

Taxpayers who have questions about the legitimacy of tax information should refer to the ATO’s website or speak to their registered tax professional if they have one.

Quotes attributable to ATO Deputy Commissioner Emma Rosenzweig:

‘This is classic fake news. Always consider the source of information you see, and if in doubt go to trusted sources such as the ATO website, your super fund website, your registered tax agent or licensed financial adviser.’

‘Beware of websites that might be trying to harvest your personal information such as your TFN, identity details or myGov login details.’

‘Think twice before acting on information heard from third-party sources, including non-official websites or on social media.’

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