Its just an axample
$5k is the minimum draw down in retirement phase if you have $100k or more in account
$200k shares can be held in your own name or you can add it to the $5k if you have more in super
The point is the franking credit can be offset against tax payable. Poorer people on pension or part pension do not have assessable income to write off the franking credit. Richer people do. This tax hits the poorest
