Further, to clarify the above: that is the situation as it applies to a Transition To Retirement pension.
Once you have turned 60, and once your fund is in FULL retirement phase, then the minimum applies, BUT NO MAXIMUM.
In other words - if you wanted to draw the whole lot out as a lump sum, then you can do so as I understand it, once you are over 60 and fully retired.
objective analysis of today's events, page-57
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.40 |
Change
0.000(0.00%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.48 | $6.34 | $20.28M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12848 | $6.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 17965 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |