Unisuper restarted my pension with $823k. I was now looking to restart my SMSF pension with $1.2 million to reach the full transfer balance cap I am allowed. But I noticed in the weekly email from the Sydney Morning Herald–"Real Money"–that there could be a problem in contributing to a super fund and making withdrawals in the same year, if you want to claim a tax deduction for the contribution. I just contributed $32,500, that I was planning to claim on my 2026-27 tax returns. Now if I move money from the accumulation account, which this was contributed to, to a new pension account, I will end up distributing some of this money back to myself as a pension this year. So, I asked my fund administrator, SuperGuardian, if this would be a problem. If it is, maybe I need to take it out again first, if not, we can go ahead with restarting the pension.
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