Just wondering what the requirement is for a SMSF if your pension balance is over the $1.6 million prior to June 30th.
For example;
If one is currently in Pension mode with a pension balance just over the $1.6 million and holding investments of both shares and cash in the Pension Account, does one have to physically set up Accumulation Accounts with a separate share trading account and a cash bank account to handle the surplus amounts ?
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- Over the Pension Balance Limit
Over the Pension Balance Limit
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