Transfer Balance Cap for income streams

Updated 1 July 2021 A Government imposed maximum balance (known as a transfer balance cap) for Australian Income Streams was introduced on 1 July 2017. For 2021-22, the cap rose to $1.7 million but this amount will be indexed in line with CPI in $100,000 increments...

This information is of a general nature only and does not take into account your personal objectives, situation or needs. Before making a decision about AvSuper, you should consider your own requirements and the relevant Product Disclosure Statement (PDS). For a copy call us or visit the AvSuper website, www.avsuper.com.au. AvSuper Pty Ltd (ABN 46 050 431 797, AFSL 239078) is the Trustee of the AvSuper Fund (ABN 84 421 446 069). Printed 23 July 2021.