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Old 23-03-2022, 09:37 PM
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Because you don’t get to take out 100% of the $15k. You are supposed to keep some amount in the plan.
Suggest you refer to HR Online on the intranet. The schedule of CONNECT payouts (wef 1 Oct 2015) is clearly stated - the sum $15.2k is already taking into account that it's a partial withdrawal.

CONNECT Year 4: $15,200 (60%)
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