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Transition to retirement

 
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Is there a cap on the amount of superannuation that can be accessed by members?

There is no specific limit on the amount of superannuation benefits that may be drawn down under the transition to retirement measure other than the requirement that no more than 10% of the account balance, as at the start of the financial year, may be paid each year.

Members should discuss this issue with their superannuation fund as funds will have their own rules.

Last Modified: Monday, 2 July 2012
 
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