Pensions, SMSFs and the transfer balance cap
Source: Taxation In Australia Journal Article
Published Date: 1 May 2021
This article explores the implications of the indexation of the general transfer balance cap on 1 July 2021 for members commencing or receiving a retirement phase income stream from their self-managed superannuation fund. In particular, it analyses how the indexation of the general transfer balance cap impacts the calculation of a member's personal transfer balance cap, as well as strategies to maximise the amount that can be transferred to tax-effective retirement phase income streams.
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Details
- Published By: Craig Day
- Published On:1 May 2021
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