Are you making a mistake when commencing a pension with specific contributions?
Accumulation & contributions
Commencing a pension is one of the most important tasks to running a self-managed super fund (SMSF). An SMSF with a correctly established pension interest may be eligible to claim tax exempt income, a significant tax concession to the fund. However, there are some common mistakes trustees make when commencing a pension using only part of a member's accumulation balance....
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