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July 25 2018

Now the $1.6m super cap kicks in (The Aust 10/07/18)

admin News

The financial year just ended was the first in which the transfer balance cap of $1.6 million became applicable to all superannuants. The cap is the cumulative maximum a super fund member may transfer into retirement phase (tax-free pension) over their lifetime.

https://www.theaustralian.com.au/business/wealth/now-the-16m-super-cap-kicks-in/news-story/1fd9f53001fba2d4befaca33277e8db3

 

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