The $1.6 million transfer balance cap - what does it mean for you? | January 2017

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The $1.6 million transfer balance cap - what does it mean for you?

January 2017

The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst those changes was the introduction of the $1.6 million transfer balance cap which limits the total amount that can be transferred into the tax-free retirement phase.

As a trustee, you may be asking yourself, “what does this really mean for me – and what are my options?”

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2018-02-26T00:29:46+00:00