Bottrell Accountants, Financial Planners & Tax Agents

East Maitland Accountants & Financial Advisors, Newcastle Accountants & Financial Advisors

Rise in the preservation age

Rise in the preservation age Before an SMSF starts paying a transition to retirement income stream (TRIS) to a member, the member must have reached their preservation age. From 1 July 2015, the legislated rise in the preservation age, which is now based on date of birth, comes into effect. It applies to anyone born […]