Awan Hammad

    Hi WL

    Thanks, yes your client could rollover money to his SMSF and use this money to pay the minimum pension. This is on basis that the industry fund can rollover an amount to the SMSF.

    Another option would be to move the SMSF from pension mode to accumulation mode and then it would not have to sell the property as there would be no pension payable.

    If the member is under the total superannuation balance of $1,700,000 they could make tax free contributions (subject to the cap rules) as well given they are under 75 years of age.

    A further option would be to reduce the amount in pension mode in the SMSF to being based on the amount of rental income that is received and can then be paid out as a pension on an annual basis.




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