Nice holding ACE.This is not financial advice but I have similar issues with my SMSF.If you transfer to pension phase by the time shares are <= $25.33 you will be under/at the balance transfer cap of $1.9m.This means any gains realised from then will be tax free.If you wait then the excess value above $1.9m cannot be transferred to pension account and will attract tax at 10% for shares held more than 12 months or 15% for less than 12 months.Being in pension phase has employment implications depending on your age so get advice on this and when in pension phase you must withdraw a minimum % each year.Under 65 its 4% of balance and increases when you are older.
Hope this helps.
Nice holding ACE.This is not financial advice but I have similar...
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Last
$15.01 |
Change
0.070(0.47%) |
Mkt cap ! $973.6M | |||
| Open | High | Low | Value | Volume |
| $15.04 | $15.06 | $14.59 | $3.314M | 222.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 365 | $14.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.01 | 898 | 1 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |