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Notes Online Home 2020 Super Schools Day 1 Compliance traps for TRISs that move into retirement phase
In this chapter, we look at the compliance traps for TRISs that move into retirement phase. In more detail:
- Correctly identifying when a TRIS moves into retirement phase
- Applying the Transfer Balance Cap (‘TBC’) rules for a TRIS that moves into retirement phase
- Applying the pension exemption when a TRIS becomes a retirement phase pension
- Dealing with the existing TRIS restrictions for a TRIS that moves into retirement phase
- Completing the SMSF annual return for a TRIS that moves into retirement phase
- Dealing with a TRIS upon a member’s death