21 March 2012, Financial Review Smart Investor
Far too often, DIY and other super members don’t consider starting a pension, when they should. All do-it-yourself super fund members over their preservation age (currently 55 for those born before July 1, 1960) or with unrestricted, unpreserved benefits, are able to move their accumulation account into pension phase at any time.
Read the full article: How to start a pension in your DIY fund
Read more about the author Daryl Dixon, Executive Chairman of Dixon Advisory.
Daryl Dixon
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pension pension phase super fund members accumulation phase tax-free income DIY super non-concessional contributions tax self managed super fund superannuation SMSF