Articles by
Garth McNally
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Can you rollover an SMSF pension to another fund?
For various reasons, SMSF members may want to roll an existing pension into a new super fund, but the process is not as simple as it could be.
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Q&A: Timing for commencing a pension and minimum pension requirements
Q: My wife and I wish to start a pension in our SMSF soon. Do we have to wait until July 2024 or can we start one now? How do we tell the minimum? Is it still based on our 30 June 2023 balance?
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Does my SMSF need to register for GST?
Most SMSFs don’t need to worry about GST, but it’s important to understand the rules in case your fund does need to register.
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Webinar: SuperGuide members Q&A: March 2024
In this webinar super expert Garth McNally will answer recent questions from SuperGuide members.
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Q&A: How do we structure our SMSF to collect rent as a pension if my wife is under preservation age?
How can we structure/split our fund between pension and accumulation phase so I can draw rent as pension for me?
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In-specie transfers out of an SMSF
There are many reasons you may want to transfer an asset out of your super fund into your own name, but there are processes you need to follow.
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What are the SMSF residency requirements?
Proposed legislation will relax the residency rules for SMSF members, but until then it pays to understand the current rules before heading overseas for an extended stay.
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What are the key differences between SMSFs and public offer funds?
SMSFs are a popular option for people who want more control of their retirement savings, but it’s important to understand how they compare to large super funds.
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Webinar: Super strategies for your SMSF
Are you making the most of having an SMSF? In this webinar we will cover strategies only available to SMSFs, including access to certain investments, effective tax and estate planning, as well as the benefits of investing as a couple or family.
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Q&A: Transfer balance account, minimum pension requirements and the 1 June rule
Q: If I start a Pension in my SMSF after 1 July 2023 with a Transfer Balance Cap (TBC) at $1.9 million and Transfer Balance Account (TBA) at $1.9 million (but do not take a Pension payment until after 1 June 2024,) does it means that I do not have to use any of my…
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SMSFs and estate planning: Issues to consider after the death of a SMSF member
In this article in our SMSF and Estate Planning series, we focus on key issues within your fund.
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Webinar: SuperGuide members Q&A: December 2023
In this webinar super expert Garth McNally will answer recent questions from SuperGuide members.
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SMSFs and estate planning: Key issues that SMSF trustees need to know
The third article in our SMSF and Estate Planning series focuses on estate planning issues trustees need to consider on the death of a fund member.
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Webinar: Navigating the aged care system
The aged care system is notoriously complex. This webinar will outline the aged care landscape including how to access help in the home or get into residential aged care and the costs involved.
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Q&A: Does the previous year’s balance affect the minimum pension amount?
Q: My wife and I are both over 70 and are the only members of our SMSF. On 30 June, my wife had a nil balance in our SMSF but will make a $300,000 non-concessional contribution in July and commence an account-based pension at the 5% rate. Does her nil balance in the previous financial…
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Q&A: When I retire, can I transfer the cash assets to my share of the SMSF?
Q: I am about to retire but my partner is still working. There is one property, some shares and cash in the SMSF. My partner and I have 50% share each. Moving to retirement, can I transfer all cash to my share of the fund into retirement phase? The value of cash is 25% of…
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Q&A: Can an SMSF invest on a “tenants in common” basis in commercial property, funded by a mortgage?
When we’re looking at joint ownership of property, there are a few things that we need to consider. There are really two quite distinct ways that direct property interest can be held when there’s multiple owners.
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How lump sums can reduce your transfer balance account
If you are considering taking more than the minimum amount from your super pension account, the way you do it counts.
