The trustees of a SMSF are in a unique position that they have access to every type of income stream that the legislation allows. When superannuation retirees consider income streams generally an Allocated Pension or Lifetime Complying Pensions spring to mind.
As trustees of a SMSF, you are in complete control of the security and flexibility that your superannuation savings provide. Members of SMSF can mix and match to find the perfect balance of income security, payment flexibility and provide themselves with a tailored solution to provide their retirement income over a fixed term and lifetime or both.
SMSFs can pay a mixture of:
• Allocated Pensions
• Complying Lifetime and Fixed Term Pensions
• Flexi Pensions that provide income over a fixed term or a lifetime
• Lump sum Benefit Payments
• Purchased Annuities
When we truly explore retirement income options, SMSFs stand out as being the most flexible vehicle in the market place.
To find out more about income stream choice, contact a Paritech Superannuation Consultant on 1300 652 511.
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