The general transfer balance cap is currently $1.6 million. From 1 July 2021, it will be indexed to $1.7 million.

When the general transfer balance cap is indexed to $1.7 million, there won’t be a single cap that applies to all individuals. Every individual will have their own personal transfer balance cap of between $1.6 and $1.7 million, depending on their circumstances. Click here to read the full article.

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