One of the most significant changes includes the introduction of a $1.6 million transfer balance cap, which will place limits on the amount an individual can transfer into the tax-free earnings retirement phase. The measure is also applied to death benefit income streams.
While these are just a few examples of some of the major changes coming into effect from 1 July, there is no one-size-fits-all approach to navigating these changes and a regular review of your personal affairs and planning for your future is paramount.
The event runs on Wednesday, 10 May, from 12.00pm to 2.00pm at Crowe Horwath’s offices in Toowoomba, with a complimentary lunch provided. Seating is strictly limited and registration is essential. You can secure your spot at this complimentary event by registering online.
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