The $1.6m transfer balance cap explained

Current as of November 2016   Now that all three tranches of the Federal Budget’s proposed superannuation reforms have been introduced to parliament, greater clarity has emerged in regards to the mechanics of the $1.6 million transfer balance cap, and the interaction it will have with non-concessional contribution caps (‘NCC’). What is this $1.6m transfer balance cap? The $1.6m cap … Read More