I have shares in my super accumulation account. Now I want to transfer them to my existing Income stream account. Do I need to sell them and buy them again from income stream? If "not" - what are the tax implication of such transfer?
You can not add to an existing super income stream. You will have to commence an new super income stream or close the other stream roll back to accumulation account and then start another super income stream.
Once you start your income stream you're unable to add more money to it.
Thank you for reply. I know this. My question was more about the shares. Can I move them to NEW Income stream account or I need to sell them, and, if not, what are the tax implications?
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