Superannuation minimum drawdown

/Superannuation minimum drawdown

Extension of Temporary Reduction in Superannuation Minimum Drawdown to 30 June 2022

The Government has announced an extension of the temporary reduction in superannuation minimum drawdown rates for a further year to 30 June 2022.

As part of the response to the coronavirus pandemic, the Government reduced the superannuation minimum drawdown rates by 50 per cent for the 2019-20 and 2020-21 income years, ending on 30 June 2021.

This […]