Foundations of SMSFs 2021-23 - Session 4

This session provides an outline of the rules that allows a fund member to access their superannuation entitlements. This is the fourth module of five in the Foundations of SMSFs series.

This session was recorded on the 1 July 2022

On successful completion of this topic, participants should be able to:

• Identify when an individual can access their superannuation benefits
• Differentiate the types of income streams that can be paid from an SMSF
• Assess the effect of the Transfer Balance Cap
• Explain how a lump sum benefit is treated
• Compare the tax treatment of pension and lump sum benefit payments
• Analyse the methods for an SMSF claiming exempt current pension income.

Benefits:
These concise sessions have been specifically designed for our online education platform, to ensure that you get an in-depth understanding of the fundamental SMSF topics in minimal time.