Can I Withdraw money from my Self-managed Super fund?

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SMSF Lump Sum Withdrawals If you meet the conditions, then you certainly can. However, if you are thinking of withdrawing money from your self-managed super fund, it is vital to know some key points. One of them is Lump Sum Withdrawals. It refers to the amount found from your SMSF that does not fall under … Read more

How Much Money Do I Need for a Self Managed Superfund?

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How much is needed? The minimum viable SMSF balance is more about sustaining the costs required rather than the balance itself. For a small family, it could be around $300,000, while for bigger families, it could reach more than $500,000. SMSF’s annual costs range approximately $1,650 upwards. when referenced with 1% fees as a precaution, … Read more