SMSFs (Self-managed super funds)

The SMSFs section is for Australians running self-managed super funds (SMSFs), covering the current issues facing SMSF trustees, setting up a SMSF, how to run a SMSF, investing your DIY superannuation money, getting SMSF advice, and special SMSF rules such as investing in property.

This section also includes a special section called SMSF basics.


Below are some of our key SMSF articles:

Set out below are all SuperGuide articles explaining SMSFs (Self-managed super funds).

SMSF trustees: Is your fund ready for SuperStream?

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If your SMSF receives super contributions from an employer, or employers, on behalf of SMSF members, then you need to ensure that your self-managed super fund is SuperStream-ready. Since 1 July 2014, employers with 20 or more employees must use the SuperStream standard, and all super funds, … [Read more...]

Accessing super early: Terminal illness

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Q: I have a terminal illness. Can I access my super benefits? A: I’m sorry to read about your illness. The superannuation rules do recognise that super benefits can be accessed early under such devastating circumstances. For your information, ‘terminal illness’ for the purposes of accessing … [Read more...]

CSHC income test: What is untaxed superannuation and taxed super?

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Note: This article explains how super benefits are counted towards the Commonwealth Seniors Health Card. If you are seeking more detailed information on the CSHC changes announced in the 2014 Budget, or whether you’re eligible for a CHSC, see SuperGuide articles Seniors Health Card (CSHC) changes to … [Read more...]

SMSFs must call Australia home

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‘When I retire, I am going to travel…’ is a common phrase when Australians dream about life after work. For many Australian retirees, overseas travel features prominently in their retirement plans. If you're a SMSF trustee however, and you intend to travel for extended periods, or even live outside … [Read more...]

Accessing super early: Terminally ill receive tax break

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Individuals with a terminal medical condition are able to access their super lump sum payments tax-free, regardless of age. A super fund can release super benefits to a member if they have a terminal medical condition. According to the legislation, a terminal medical condition exists if two … [Read more...]

Are you eligible for a Commonwealth Seniors Health Card?

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IMPORTANT: The government has announced that the income thresholds for singles ($50,000) and couples ($80,000) will be indexed in September 2014; the first time since 2001. From 1 January 2015, new applicants for CSHC will need to include superannuation pension income when assessing CSHC … [Read more...]

Seniors Health Card (CSHC) changes to hit retirees

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In the 2014 Federal Budget, the government announced that the Commonwealth Seniors Health Card (CSHC) income test will be changed so new applicants must include superannuation pension income, from 1 January 2015. More specifically, quoting directly from the Budget documents, “To ensure people with … [Read more...]

Another great return! Super funds gain 12.8% for 2014 financial year

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The median superannuation growth fund gained 12.8% in value for the 12 months to June 2014, according to rating company Chant West. In terms of long-term performance this means the median growth super fund has delivered five consecutive years of positive investment returns. Performance tables are … [Read more...]