SMSF DIY guide everything you need to successfully set up and run your own self managed superannuation fund
Straightforward and easy-to-understand guide to the basics of self managed super funds The SMSF DIY Guide is an authoritative, up-to-date and accessible guide to the pros and cons of running a self managed super fund. In plain English, financial advisor, Sam Henderson tells you what you need to kno...
| Autor principal: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Milton, Qld. :
Wrightbooks
2012.
|
| Edición: | 1st edition |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009628678806719 |
Tabla de Contenidos:
- SMSF DIY Guide: Everything you need to successfully set up and run your own self managed superannuation fund; Contents; Preface; About the Author; Acknowledgements; Chapter 1: Superannuation basics; What superannuation is-and is not; Why you need superannuation; Yes, superannuation can be confusing; Contributions-getting money into superannuation; How to get money out of super; Key points; Chapter 2: Is a self managed super fund right for you?; What is a self managed super fund?; Why is the number of SMSFs growing so rapidly?; How an SMSF can save you money
- Advantages and disadvantages of an SMSFHow much money do you need to set up an SMSF?; Other types of superannuation funds; Super choice: moving from one fund to another; Key points; Chapter 3: Setting up a self managed super fund; How easy is it to set up and run an SMSF?; What will I call the fund?; What is a trust deed?; What is a trustee?; Types of structure for an SMSF; Who can be a member and a trustee?; How many members will the fund have?; What are binding nominations of beneficiaries?; Opening a bank account; How to roll your funds over into your new SMSF; Key points
- Chapter 4: Running a compliant fundWhat will happen when you get it wrong; Following the rules; Arm's length transactions; What you need to do next; Investment strategy; Record keeping and minutes; Accounting; Where to get help; Key points; Chapter 5: Types of investment; Income and growth; Cash; Fixed interest; Shares; Property; Derivatives; Key points; Chapter 6: Portfolio management and asset allocation; Your risk profile; Risk management; Key points; Chapter 7: Borrowing in super to buy shares or property; How borrowing works in super; Self-funding instalment warrants to purchase shares
- Using instalment warrants to purchase propertyConditions of borrowing money in your SMSF; Buying property in your SMSF versus in your own name; What type of property can a self managed superannuation fund own?; Key points; Chapter 8: Risk management and insurance in your fund; What personal insurance is available?; Key points; Chapter 9: Pre-retirement planning and dealing with redundancy; The importance of pre-retirement planning; What is retirement?; When to retire; Holidays and long service leave-take it or leave it; Planning for retirement and major expenses
- How much will I need to retire?Structuring your investments for retirement; Tips to boost your super before retirement; Redundancy; Transition to retirement income stream; Key points; Chapter 10: Retirement and how to eliminate tax forever; Can I go back to work after I retire?; Can I contribute to super if I retire?; Types of retirement benefits; Account-based pensions; Re-contribution strategy; What if one partner has a pension and the other is in accumulation mode?; How to set up your account-based pension; What happens to my transition to retirement income stream (TRIS) at retirement?
- The Age Pension
