Show download pdf controls
  • Death benefit income streams and your transfer balance cap

    If you are receiving a death benefit income stream – either by itself or in combination with another super income stream – you need to ensure you don't exceed your personal balance cap.

    From 1 July 2017, death benefits can be rolled into another fund. However, the new fund must commence a death benefit income stream or pay the amount out of super as a lump sum (or a combination of these). The death benefit cannot be retained in accumulation phase. Death benefits that are rolled over will not lose their death benefit tax treatment.

      Last modified: 04 May 2020QC 54352