{"id":231067,"date":"2025-10-21T23:35:09","date_gmt":"2025-10-21T23:35:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/231067\/"},"modified":"2025-10-21T23:35:09","modified_gmt":"2025-10-21T23:35:09","slug":"how-division-296-affects-pensions-and-withdrawals-explained","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/231067\/","title":{"rendered":"How Division 296 affects pensions and withdrawals explained"},"content":{"rendered":"<p>Q: I have a question about the new superannuation rules and how they will work in the pension phase regarding tax. I keep hearing that when you start a super pension, there is no tax \u2013 what does this mean? I understand there are new taxes in relation to someone with $3 million, $10 million and more than this in accumulation phase. But what if you have your super in a pension? How much pension will you be required to withdraw and what tax will you pay? Wieber<\/p>\n<p>A: Your question highlights an interesting aspect of<a href=\"https:\/\/www.afr.com\/wealth\/superannuation\/what-to-do-about-the-new-3m-and-10m-super-tax-20251014-p5n2ab\" rel=\"nofollow noopener\" target=\"_blank\"> the new Division 296 super changes<\/a>: What, if any, effect they may have on the taxation of superannuation pensions.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Q: I have a question about the new superannuation rules and how they will work in the pension&hellip;\n","protected":false},"author":2,"featured_media":231068,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":{"0":"post-231067","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/231067","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=231067"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/231067\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/231068"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=231067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=231067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=231067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}