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Q&A: I’m 60. What happens to my super when I wind up my SMSF?

Q: I am 60 years old, still working and planning to close my self-managed super fund (SMSF). What will happen to my super balance after I close it?

A: So this is putting the horse before the cart, Erlita. You certainly won’t be able to actually close or what we call wind up your SMSF until all the member’s benefits which are held within the fund have actually been dealt with.

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