Module 4: Pensions & paying benefits

Module overview: 

• The preservation rules, preservation age and conditions of release.
• How benefits can be paid, including lump sums and super income streams.
• The types of pensions that can be paid within an SMSF.
• Account-based pension requirements, including commutation rules.
• Transition to retirement income stream rules.
• Understanding the legacy pensions that continue to be paid from SMSFs.
• Understanding how a pension can cease.
• The transfer balance cap, transfer balance account and exceeding the transfer balance cap.