Tax consequences on lump sum withdrawal after concessional contribution to accumulation fund?

(Initiate)Initiate

2 June 2026

I am over 60 and retired.

I have already withdrawn my minimum annual pension amount.

If I make a lump sum withdrawal after a tax deductible concessional contribution to my accumulation fund are there tax consequences if:

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(Taxicorn)Taxicorn

2 June 2026

Depends on whether LSP is taken before, or after, the notice of intent to claim has been processed by the super fund
Same as # 1

See Claiming a deduction after a partial rollover or withdrawal

Most helpful reply

(Taxicorn)Taxicorn

2 June 2026

Depends on whether LSP is taken before, or after, the notice of intent to claim has been processed by the super fund
Same as # 1

See Claiming a deduction after a partial rollover or withdrawal

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