Transfer Balance Cap

I have a self-managed super fund (SMSF) as well as my legalsuper account.  Do I use one for my income stream and one for my accumulation account?

I am currently in receipt of a Transition to Retirement Pension (TTR) – what’s happening? Do I need to take any action before 30 June 2017?

TTR’s do not count towards the $1.6 million transfer balance cap.  However, this can change once you have satisfied a full condition of release (retirement or reaching age 65) therefore seeking guidance in these circumstances is advisable.

Contact your local legalsuper Client Service Manager to discuss how the changes may affect you.