As a self-managed super fund trustee (SMSF), you decide how you manage your funds and control where your money is invested. Clients often report that better visibility into their retirement plans has led to a deeper understanding of how their total assets are tracked, which gives them more confidence in their investment decisions and lifestyle.
SMSF excise return can offer significant retirement benefits. Managing your SMSF has several key benefits:
SMSFs offer several investment options. Trustees have potential access to outright shares, high-yield cash accounts, time deposits, profitable investments, direct ownership, unlisted assets, international markets, collectibles, and more.
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Like all super funds, SMSF benefits from reduced tax rates. In the savings phase, the capital gains tax is limited to 15 percent; There are no taxes due in retirement, not even capital gains taxes. A carefully thought-out tax strategy can help you increase your super savings and reduce tax payments in retirement.
SMSF allows multiple members to manage a mix of reserve and retirement accounts. You can customize your investment mix as you wish and thus react quickly to changing market conditions, super rules, or personal circumstances.
SMSF provides significant transparency that allows trustees to align their personal goals with their investment decisions. Whether you're interested in real estate, stocks or sustainable and ethical investing, SMSF provides a platform that lets you know where your money is being invested, with full transparency about efficiency and tax treatment.