Minimum Pension Withdrawals Cut for 2020-21
As part of the economic response to COVID-19, superannuation minimum drawdown requirements for account-based pensions and similar products will be reduced by 50% in 2019-20 and 2020-21.
As part of the economic response to COVID-19, superannuation minimum drawdown requirements for account-based pensions and similar products will be reduced by 50% in 2019-20 and 2020-21.