{
  "api_version": "2.0",
  "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap.json",
  "schema": "https://retirementwealth.com.au/api/v2/schema/api.json#/$defs/figure_file",
  "docs": "https://retirementwealth.com.au/data/",
  "publisher": "retirementwealth.com.au",
  "scope": "Retirement Wealth provides selected factual information about Australian retirement rules and rates. It does not provide personal or general financial product advice or recommend financial products. Summaries may not cover every condition or exception. Check the linked official sources and obtain advice appropriate to your circumstances before making financial decisions.",
  "figure": {
    "id": "low_rate_cap",
    "former_ids": [],
    "label": "Low rate cap for super lump sums",
    "category": "super_access",
    "category_label": "Super pensions and lump sums",
    "concept": "super.lump_sum.low_rate_cap",
    "kind": "cap",
    "dimensions": {},
    "value": 260000,
    "display_value": "$260,000",
    "unit": {
      "code": "AUD",
      "plain": "Australian dollars",
      "quantity": "money",
      "currency": "AUD",
      "per": null,
      "per_amount": null,
      "ratio_divisor": null
    },
    "ratio": null,
    "effective_from": "2025-07-01",
    "effective_from_basis": "value",
    "validity": {
      "from": "2025-07-01",
      "to": null,
      "basis": "value",
      "status": "in_force"
    },
    "applies_by": null,
    "resets": "legislated",
    "review_dates": [],
    "source": {
      "title": "Payments from super",
      "publisher": "ATO",
      "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
      "type": "primary"
    },
    "verification": {
      "status": "verified_primary",
      "checked_on": "2026-10-11"
    },
    "notes": "A lifetime limit on the taxable components of super lump sums that can be taxed at a lower or nil rate. The ATO says it applies to members older than their preservation age and younger than 60. The ATO states: \"From 1 July 2026, the low rate cap is $260,000.\" It describes indexation as applying before that date. Section 307-345 of the Income Tax Assessment Act 1997 (compilation dated 27 August 2026) still provides for annual indexation. The registry follows the ATO's published figure as at the date this entry was last checked. The ATO table also lists this amount for 2025-26, which is where the effective date comes from.",
    "conditions": [
      {
        "text": "The ATO says it applies to members older than their preservation age and younger than 60."
      }
    ],
    "exceptions": [],
    "caveats": [
      {
        "type": "source_conflict",
        "text": "It describes indexation as applying before that date. Section 307-345 of the Income Tax Assessment Act 1997 (compilation dated 27 August 2026) still provides for annual indexation."
      },
      {
        "type": "source_conflict",
        "text": "The registry follows the ATO's published figure as at the date this entry was last checked."
      }
    ],
    "legal_basis": [
      {
        "instrument": "Income Tax Assessment Act 1997",
        "provision": "Section 307-345",
        "role": "indexation"
      }
    ],
    "derivation": null,
    "related": {
      "same_concept": [],
      "inputs": [],
      "used_by": []
    },
    "upcoming": [],
    "first_published": {
      "release": 5,
      "recorded_at": "2026-10-11T08:47:14Z"
    },
    "last_changed": {
      "release": 12,
      "recorded_at": "2026-10-13T08:24:56Z"
    },
    "cite_as": "Low rate cap for super lump sums: $260,000, applies from 1 July 2025. Official source: ATO, Payments from super (last checked 11 October 2026). Retirement Wealth, https://retirementwealth.com.au/rules/super-access/low-rate-cap/",
    "links": {
      "self": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap.json",
      "page": "https://retirementwealth.com.au/rules/super-access/low-rate-cap/",
      "current_value": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2025-07-01.json"
    },
    "timeline": [
      {
        "value": 260000,
        "display_value": "$260,000",
        "ratio": null,
        "effective_from": "2025-07-01",
        "effective_to": null,
        "basis": "value",
        "status": "in_force",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2025-07-01.json"
      },
      {
        "value": 245000,
        "display_value": "$245,000",
        "ratio": null,
        "effective_from": "2024-07-01",
        "effective_to": "2025-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2024-07-01.json"
      },
      {
        "value": 235000,
        "display_value": "$235,000",
        "ratio": null,
        "effective_from": "2023-07-01",
        "effective_to": "2024-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2023-07-01.json"
      },
      {
        "value": 230000,
        "display_value": "$230,000",
        "ratio": null,
        "effective_from": "2022-07-01",
        "effective_to": "2023-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2022-07-01.json"
      },
      {
        "value": 225000,
        "display_value": "$225,000",
        "ratio": null,
        "effective_from": "2021-07-01",
        "effective_to": "2022-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2021-07-01.json"
      },
      {
        "value": 215000,
        "display_value": "$215,000",
        "ratio": null,
        "effective_from": "2020-07-01",
        "effective_to": "2021-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
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          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2020-07-01.json"
      },
      {
        "value": 210000,
        "display_value": "$210,000",
        "ratio": null,
        "effective_from": "2019-07-01",
        "effective_to": "2020-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2019-07-01.json"
      },
      {
        "value": 205000,
        "display_value": "$205,000",
        "ratio": null,
        "effective_from": "2018-07-01",
        "effective_to": "2019-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2018-07-01.json"
      },
      {
        "value": 200000,
        "display_value": "$200,000",
        "ratio": null,
        "effective_from": "2017-07-01",
        "effective_to": "2018-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2017-07-01.json"
      },
      {
        "value": 195000,
        "display_value": "$195,000",
        "ratio": null,
        "effective_from": "2015-07-01",
        "effective_to": "2017-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
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          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2015-07-01.json"
      },
      {
        "value": 185000,
        "display_value": "$185,000",
        "ratio": null,
        "effective_from": "2014-07-01",
        "effective_to": "2015-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
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          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
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        "verification": {
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        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2014-07-01.json"
      },
      {
        "value": 180000,
        "display_value": "$180,000",
        "ratio": null,
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        "effective_to": "2014-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
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          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2013-07-01.json"
      },
      {
        "value": 175000,
        "display_value": "$175,000",
        "ratio": null,
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        "effective_to": "2013-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
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          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2012-07-01.json"
      },
      {
        "value": 165000,
        "display_value": "$165,000",
        "ratio": null,
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        "effective_to": "2012-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
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        },
        "verification": {
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        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2011-07-01.json"
      },
      {
        "value": 160000,
        "display_value": "$160,000",
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        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
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        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2010-07-01.json"
      },
      {
        "value": 150000,
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        "effective_to": "2010-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
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          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2009-07-01.json"
      },
      {
        "value": 145000,
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        "basis": "value",
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        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
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        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2008-07-01.json"
      },
      {
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        "ratio": null,
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        "effective_to": "2008-06-30",
        "basis": "value",
        "status": "superseded",
        "source": {
          "title": "Payments from super",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/payments-from-super",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/low_rate_cap/2007-07-01.json"
      }
    ]
  }
}