I am now near the point of engaging the pension for my SMSF
I have real simple question and I think I know the answer but would like confirmation
My wife and I are joint owners of our SMSF
My wife has not worked for many years and has never contributed to the super fund She is now over 55. I am the income earner.
Can we now create a pension account and let her withdraw a pension from the SMSF whilst I step up my contributions to the SMSF. The tax advantage of doing this would seem obvious to me.
I think I can but just checking with you lot
Feedback appreciated / Yes yes I know go and see and accountant !
