Superannuation News
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How to Set Up a Self-Managed Super Fund: Key Steps to Get Started
What is a Self-Managed Super Fund? A Self-Managed Super Fund (SMSF) is a superannuation fund that you manage yourself, offering greater control over your retirement savings. Unlike retail or…
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Choosing the Right Investment Strategy for SMSF: A Beginner’s Guide
Managing a Self-Managed Super Fund (SMSF) offers flexibility and control over your retirement savings. However, to maximize the benefits of your fund, selecting the right Investment Strategy for SMSF…
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The Role of an SMSF Accountant and Why You Need One for Your Retirement Planning
Planning for retirement is one of the most important financial decisions you will make in your lifetime. A well-structured retirement plan can provide you with financial independence and peace…
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Why Self-Managed Superannuation Funds (SMSFs) are Better
: Avoiding Unnecessary Expenses and Gaining Full Control Over Your Investments This article examines the costs and benefits of large industry super funds compared to Self-Managed Superannuation Funds (SMSFs)….
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Investing in Cryptocurrency through Your Self-Managed Super Fund (SMSF)
Cryptocurrencies have become a hot topic in the investment world, with many Australians considering them as a way to diversify their portfolios. But did you know that you can…
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SMSF and Personal Insurances
The Role of Personal Insurance in SMSF Management Self-managed super funds (SMSFs) offer a high level of control and flexibility over retirement savings, but with that control comes responsibility—especially…
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Investing in Property Through a Self-Managed Super Fund (SMSF)
Self-Managed Super Funds (SMSFs) are becoming an increasingly popular way for Australians to invest in property as part of their retirement strategy. By using an SMSF to buy property,…
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Self-Managed Super Funds (SMSF) and Property Purchased with Limited Recourse Borrowing Arrangements (LRBA)
Introduction Self-Managed Super Funds (SMSFs) have gained significant popularity among investors looking to take control of their retirement savings. One of the strategies that SMSF trustees can employ is…
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Deduction for Personal Super Contributions
A personal deductible super contribution is a voluntary contribution made by an individual to their superannuation fund from their after-tax income, which they can later claim as a tax…
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Understanding SMSF Asset Valuation and ATO Requirements
Self-Managed Superannuation Funds (SMSFs) are becoming increasingly popular for Australians seeking more control and flexibility over their retirement savings. However, managing an SMSF comes with responsibilities, including accurate asset…
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SMSF December 2023 Statistical report
Key points outlined in ATO quarterly statistical report on self-managed super funds (SMSF) for December 2023. Details Stats Number of SMSF’s 614,705 Members in SMSF’s 1,146,724 Total Assets in…
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Super thresholds for 2023-2024
Starting on July 1, 2024, the concessional contributions cap will be raised from $27,500 to $30,000. As a result, the non-concessional contributions cap, which is four times this limit,…