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VIDEO · 29 MARCH 2023

It Depends – Transferring property from an SMSF

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Transcript & link to video discussing transferring property from an SMSF.

AustraliaEmployment and HR

In this edition of 'It depends', senior associate Steven Jell talks about transferring property from an SMSF.

Video transcript

Hi and welcome to It depends. In a previous edition, we discussed transferring property to an SMSF. Today we're going to discuss transferring property from an SMSF.

What is a member payment?

So, there are limitations on the circumstances in which an individual can access their superannuation entitlements. But basically a member payment is a payment to you because you are a member of a superannuation fund. Now in order to access your superannuation entitlements, you need to satisfy something known as a condition of release. These include turning 65 years of age, retirement, incapacity and you're unable to access your superannuation entitlements unless you've satisfied a condition of release.

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