his information is for people who:
are or will be a child recipient of a death benefit income stream
are assisting/advising child recipients of a death benefit income stream.
Transfer balance cap and child recipients
Child recipients of a death benefit income stream from a deceased parent may have a modified transfer balance cap, rather than the general transfer balance cap ($1.6 million in 2017–18).
The normal transfer balance rules apply, but the modified transfer balance cap depends on the deceased parent’s super interests.
The modified cap is the total amount of the ‘cap increments’ a child recipient is entitled to. Child recipients will be entitled to retain super income stream(s) up to the amount of the cap increment(s) without exceeding their transfer balance cap.
See also:
New transfer balance cap – death benefit income streams
Who is a child recipient?
An individual is a 'child recipient of a death benefit income stream' if they are receiving a death benefit income stream and:
under 18 years old, or
between 18 and 25 years old and were financially dependent on the deceased, or
have a permanent disability.
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