How much is jack personal transfer balance cap space

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Reference no: EM132759989

Problem 1: Jack commences a retirement phase superannuation income stream (for the first time), in September 2019, with an account balance of $700000. How much is Jack's personal transfer balance cap space after he has commenced his pension?

Select one:

a. $900000
b. $700000
c. $1.6 million
d. $NIL

Reference no: EM132759989

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