This practical, plain English guide covers the start-up of self managed superannuation funds (SMSF) to estate planning, the death of a member, final wind up and everything in-between, including how to set up and then use an SMSF to create wealth from the various types of contributions, cap and threshold limits and changes for 2024-25 and 2025-26 (also in a handy Appendix) and various investment choices available. 

Added commentary includes the reform amnesty that frees up legacy pension and reserves, super guarantee payment on parental leave pay rules and proposed payday super payment. It covers withdrawal of super benefit rules, from setting up and paying an income stream to estate planning, and the distribution of a member’s superannuation upon death and more.  Whilst most people with superannuation are aware that super will give them a lump sum of money or income on retirement, not many understand available options to build more wealth and the book explains the alternative ways to build and protect retirement savings in a tax effective way. 

This latest edition contains discussions on significant tax and superannuation changes to 1 July 2025.

Key features and inclusions 

• setting up and running your SMSF 

• superannuation accumulation phase, contributions and rollovers 

• opportunities and benefits for small business owners 

• investment choices, including direct property and cryptos 

• family law and super 

• the Annual return to the ATO   

• superannuation retirement phase and withdrawals 

• estate planning and death benefits