THE ABILITY TO LIVE YOUR WAY IN RETIREMENT

At Powers we know pension strategies and our goal is make sure your SMSF has the pension strategy that suits you

Our Pension Strategies look at what you need to put in place to establish a pension from your SMSF.

  • Minimise your pension as you have other sources of income
  • Maximise your entitlement for a Government Pension or
  • leave a residual benefit for your children and grandchildren.

Our Pension strategies help to meet the needs of your SMSF. A pension can be paid from your SMSF once you reach the age of 55, based on the capital in the SMSF each year and the age of pensioner. The pension must be paid at least yearly and if you are over 60 will be tax free.

Just because you have commenced a pension does not prevent you making further contributions to your SMSF should the opportunity arise.

Email your enquiry to Powers Superannuation Services to review your pension strategy to make sure you are getting the best benefit for you

UNIT TRUSTS & PROPERTY

With an SMSF having the ability to acquire property with a non-recourse borrowing arrangement, direct property investments using SMSF give rise to a number of opportunities.

RETIREMENT PLANNING

Your SMSF will be a key component of your retirement planning as the SMSF can be used to pay lump sums or concessionally taxed income streams. If you are over 60 the benefits paid from an SMSF will be tax-free.

PENSION STRATEGIES

At Powers we know pension strategies and our goal is make sure your SMSF has the pension strategy that suits you.

COMPLIANCE

At Powers we can prepare financial statements and arrange the audit to ensure compliance with the SIS Act.