At Melbourne Dental Implant and Sleep Centre, we understand that quality dental care is an investment. Dental implants can transform your oral health, function, and confidence, but the cost can sometimes be a barrier. What many Australians don’t realise is that, in some cases, you may be able to access your superannuation to help cover essential dental treatments, including implants.
If you’re considering this option, it’s important to understand the eligibility requirements, application process, and financial implications. In this guide, we’ll walk you through everything you need to know about accessing your super for dental implants, so you can make an informed decision about your health and financial future.
Can You Use Superannuation for Dental Work?
Superannuation is primarily designed to fund your retirement, but under specific circumstances, it can be accessed early for medical reasons. The Australian Taxation Office (ATO) allows early release of super on compassionate grounds when a medical condition is causing severe pain or impacting quality of life, and when no other financial options are available.
When it comes to dental treatment, this generally applies to procedures that are medically necessary rather than elective or cosmetic. This includes dental implants for missing teeth, oral surgery, and other essential treatments that significantly impact health and well-being.
Who is Eligible to Access Super for Dental Implants?
Not everyone will qualify to access their super for dental work. The ATO has clear guidelines that must be met for early release. To be eligible, you must:
- Have a dental condition causing significant pain, discomfort, or difficulty with eating or speaking.
- Require treatment that is medically necessary rather than purely cosmetic.
- Have no alternative means to pay for the treatment, such as savings or private health insurance.
- Be an Australian citizen or permanent resident.
- Provide supporting evidence from a registered medical or dental professional.
While there is no age restriction for accessing super on compassionate grounds, your super fund may have specific requirements, so it’s important to check with them before applying.
What Dental Treatments Can Be Covered?
The ATO generally approves access to super for dental treatments that are essential for health and function. These may include:
- Dental Implants – Used to replace missing teeth and restore function, helping to prevent bone loss and improve quality of life.
- Full Mouth Rehabilitation – Necessary for patients with severe dental deterioration requiring multiple treatments.
- Oral Surgery – Including procedures like dental bone grafting and wisdom tooth extractions when medically required.
- Periodontal Treatment – For severe gum disease that, if left untreated, could lead to tooth loss and other health issues.
- Orthodontic Treatment – When misaligned teeth cause medical problems such as jaw pain or difficulty chewing.
- Temporomandibular Joint (TMJ) Therapy – Treatment for severe TMJ disorders that impact daily life.
Treatments That Are Not Covered
Superannuation cannot be accessed for general dental care or elective procedures, including:
- Routine check-ups and cleanings
- Teeth whitening
- Cosmetic veneers or purely aesthetic enhancements
- Minor fillings that are not causing serious health issues
How to Apply for Early Release of Super for Dental Implants
At Melbourne Dental Sleep and Implant Centre, we can streamline your process by applying your superannuation on your behalf via one of our preferred agent companies such as Access my Super. This will fast-track your process and it may improve your chance of having superannuation granted. The cost for this process is usually around $600-700. You also have the option to process it yourself. If you do this, you will need to also book an appointment with your GP Doctor as an additional step.
1. Consult with Your Dentist
Start by booking a consultation with us at Melbourne Dental Implant and Sleep Centre. We will assess your dental health, discuss treatment options, and provide a detailed treatment plan outlining costs and medical necessity.
2. Consult with your GP, Obtain Supporting Documents
To apply for early release yourself, you will need:
- A written recommendation from your dentist confirming the treatment is medically necessary.
- A cost estimate for the required procedures.
- A letter from a medical professional supporting the need for treatment.
- Financial evidence demonstrating that you cannot afford the treatment without accessing your super.
NOTE: You will not need to consult your GP if we apply your superannuation release on your behalf
3. Contact Your Super Fund
Each superannuation fund has its own policies, so it’s essential to check their requirements before submitting your application. Some funds may have additional forms or specific criteria for approval.
4. Submit an Application to the ATO
The next step is to apply through the ATO using their Compassionate Release of Superannuation process. This can be done online via the myGov portal. Be sure to:
- Complete the application form accurately.
- Attach all necessary documents.
- Ensure the information aligns with ATO guidelines.
5. Wait for Approval
The ATO will assess your application, which can take several weeks. If approved, they will notify your super fund, which will then release the funds directly to you or your dental provider.
6. Schedule Your Treatment
Once you receive your funds, you can proceed with your dental implant treatment. At Melbourne Dental Implant and Sleep Centre, we’ll work with you to schedule your procedures at a time that suits you.
Important Considerations Before Accessing Your Super
While using your superannuation to fund dental implants may seem like a convenient solution, it’s important to consider the financial implications. Withdrawing funds early can reduce your retirement savings and impact your long-term financial security. Before proceeding, weigh the benefits against the following:
- Impact on Retirement Savings – The earlier you withdraw, the less time your super has to grow, potentially reducing your retirement funds.
- Tax Implications – Depending on your age and the amount withdrawn, you may need to pay tax on the released funds.
- Alternative Payment Options – Explore payment plans, health insurance, or government dental schemes that may help cover some or all of the costs.
If you’re unsure whether accessing your super is the right choice, consulting a financial advisor may help you make an informed decision.
Alternatives to Accessing Super for Dental Work
Before withdrawing super, consider alternative ways to fund your treatment:
- Payment Plans – Many dental clinics offer interest-free payment plans, allowing you to spread the cost over time.
- Private Health Insurance – Some policies cover major dental work, so check your coverage.
- Government Assistance – Certain public dental schemes may provide subsidies for eligible patients.
- Personal Loans – A small loan might be a more suitable option than withdrawing from your retirement savings.
Why Choose Melbourne Dental Implant and Sleep Centre?
At Melbourne Dental Implant and Sleep Centre, we are committed to making high-quality dental care accessible. Our experienced team provides expert guidance on dental implants and can support you through the process of applying for early release of your super. We prioritise patient care, using the latest techniques to ensure you achieve the best possible results with minimal discomfort.
From your initial consultation to post-treatment support, we are here to help you regain a healthy, confident smile. If you’re considering dental implants and want to explore your funding options, contact us today to discuss your needs.
Is Accessing Your Super for Dental Implants the Right Move?
Accessing superannuation for dental implants can be a life-changing option for those in need of essential dental treatment. However, it’s important to ensure you meet the eligibility criteria and consider the financial impact before making a decision.
If you’re unsure whether you qualify or would like expert advice on the best course of action, call us on 1800 IMPLANT to schedule your consultation and take the first step toward restoring your smile and oral health.