SMSF Australia Blog Articles

An SMSF pension pays periodic income from your own super not the government. Learn how account-based pensions work, minimum drawdown rates, and SIS rules

65 allows automatic unrestricted access to super however, shifting to pension mode when you turn 60 is possible but a “Condition of Release” must be met.

The cost to close an SMSF is $1,500 plus GST on top of any outstanding accounting/audit work for any years not completed.

At 60 your superannuation lump sum or pension payments made to you from your Self-Managed Superannuation Fund (SMSF) are generally tax-free. Lump sum death benefits paid to a death benefit

It depends. You have your own self-managed superannuation fund (SMSF) and you and your husband are the only members and the directors of the SMSF trustee. Unfortunately, your husband dies.

Turning 65 gives you access to all of your super in your self-managed super fund (SMSF). Otherwise, you can access super before you turn 65 but there may be some

A SMSF release authority is an ATO notification instructing an SMSF to release money from the fund in relation to a member’s super. The ATO will send a release authority

Death, much like taxes, is inevitable and something your SMSF will eventually have to deal with.  It is important to understand how a death of a member is dealt with

Once you are part of a Self-Managed Super Fund, regardless as to why you became part of it, you cannot simply walk away and hope it goes away. As director

This tax is quite frustrating. Since my earnings and concessional contributions exceed $250,000, I am subject to additional tax of 15% on the concessional contributions I make to my self-managed