Self Managed Super Fund
Self Managed Super Funds (SMSFs) enable you to invest in assets, or use certain strategies, that may not be available to you in other types of Super funds.
How do Self Managed Super Funds work?
In many respects, Self Managed Super Funds (SMSFs) work in much the same way as regular super funds, but with more input from you directly.
During your working life, you and your employer make contributions to the fund. The money is invested so that over time you build a decent pool of savings for retirement.
Just about anyone can establish a SMSF, however it's important to note that there are various costs associated with setting up and running a SMSF. You should get independent financial and legal advice too.
Contact Craig Wakley and the team at Mortgage Choice on 0421 232 987 or email cwakley@mortgagechoice.com.au
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