minimum pension draw down, page-6

  1. 409 Posts.
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    Hi Dino3

    Although the ATO website is still saying that it has not become law it now seems that if you are in pension mode you only have to withdraw 50% of the amount you would normally have to withdraw

    For verification see

    Schedule 7 of the Superannuation Industry (Supervision) Regulations 1994.

    However I suggest before you act on this it would be wise to get written confirmation that the ATO accepts that it has, in fact,become law
 
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