A SMSF member moving their accumulated fund balance of their member account from the accumulation phase to the pension phase will:

Question

Quizplus · Accepted Answer

- A) is correct as members cannot make contributions to their pension account.
- B) is incorrect as unrealized capital gains tax liability is not removed but continues to accrue in the pension phase.
- C) is correct as members are required to undertake a minimum drawdown each year from their pension account.

A SMSF Member Moving Their Accumulated Fund Balance of Their