Hi all, Just trying to get my head around a few things I just got off the phone to my dad who has his own self managed super fund. His accountant just tried explaining a few things to him but he's a little confused... My dad turned 61 in January and my mum turned 60 in April. My dad is still working but my mum isn't. Apparently my mum can withdraw $150,000 without being taxed because she's >60 and not working?? My dad was also trying to explain to me that ALL earnings from the fund excluding his employer contributions are exempt from tax in the fund as they are both >60. Does this sound correct??? I thought from 65 onwards earnings are exepmt? Oh...he also mentioned something about transitional and pension phase...?? Thanks in advance.