This rises to 30% if you have previously had to pay the excess transfer balance tax. Are the transfer cap and the account balance the same thing? No. The transfer cap only relates to amounts you shift from your accumulation super account to your retirement account during the retirement phase...
it sits in anAccumulationaccount. When you retire, you can transfer some (or all) of that money intoRetirement phase– anAccount-based Pension. For FY 2025, theATO have set a transfer balance cap (TBC) (limit) of $1 900 000that