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Help answer this question below.
Yes, it belongs to them after all.
BTW, it's withdraw not redraw, you might want to correct it before someone marks you down for spelling;-)
Sure, if you want to retire with no money. Don't expect Social Security to support you. It was never meant to provide a living, but rather to supplement your retirement savings.
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You're reading Do you think people should have the right to redraw their superannuation fund?
Comments
thanks for your input though spelling error doesn't apply. Was asking about a re-draw, not a withdraw.
by Anonymous on July 21st, 2007
Sorry, I assumed wrongly that you wanted to withdraw your money.
by mrtorch on July 22nd, 2007
I also apologise, for causing confusion and not being more specific. I was told that some policies have a redraw option where-by any contribution made by yourself up to a certain level becomes available for re-draw (as opposed to withdrawing funds deposited on your behalf by employer).
by Anonymous on July 23rd, 2007