yes cafa, correct on both, all non-taxable and retired for 9.5 years so no need for TPD.
Just to clarify the 3 year business and as this transaction was about 10 years ago I may not have all the facts clearly, however lets use this as the example:
Retired after 40 years in an industrial super fund.
Funds aprox. 50/50 accumulation/tax free.
Roll the 50% accumulation over to tax free as over 60 years old and can take it all out at anytime tax free.
Maximum that could be rolled over at the time was $180k or bring forward by 3 years and it becomes $540k.
