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Who can have a Self-Managed Superannuation Fund?

"Just about anyone" is the easy answer to this question. The legal requirements to have funds in superannuation include:

  • Anyone who is under 70 years of age, employed for more than 10 hours a week and earning an income from that employment
  • Anyone who already has money in another superannuation fund, Approved Deposit Fund or any other form of rollover investment
  • A non working spouse

 
 
Self Managed Superannuation Funds (SMSFs) are becoming more common - here are some of the most frequently asked questions and answers about this investment strategy.
There are many paths to wealth creation - your financial 'stage' in life determines the strategy or strategies that best suit you. There is an optimal path for your unique situation. What works for your neighbour may not work for you.
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