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HOME SMSF SMSF RESTRICTIONS SMSF RISKS & COSTS SMSF BENEFITS SMSF TYPES SMSF DEFINITIONS TRUST DEED ANNUAL ADMIN SMSF AUDIT INVESTMENT PLAN PENSION CALCULATOR CONTACT |
Self Managed Superannuation Fund Types There are two types of regulated Self Managed Superannuation Funds (SMSFs). The most common type is usually called a non-corporate SMSF, and the other one a corporate SMSF. Non-corporate SMSF can be a single or multiple member fund. Corporate SMSF can also be single or multiple member fund. Non-corporate single member fund has only one member. The member is also the trustee of the fund, and the fund must have another individual as a trustee only. The second trustee cannot be a member of the fund. He or she can be a relative of the member, or alternatively, can be any other person providing the member is not an employee of that person. Non-corporate multiple member fund has more than one, and up to four members. Each trustee of the fund is also the member of the fund. Members of the fund cannot be employees of another member, unless they are related. Corporate single member fund has only one member and a company as a trustee. The member:
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SuperEasy Pty Ltd is not licensed to provide advice on investments, or legalities of the types of investments that you can have. SuperEasy® strongly recommends that you seek professional advice before making any investment choice or decision! |
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