by nose  04/09/2016  103 Page Views
0 Comments  Super, Managed Funds, Wealth, Insurance, SMSF, Pensions
I am under the preservation age but have received TPD funds from insurer in my superfund.

These are non restricted non preserved due to my inability to work.

1. If I start an SMSF , using my TPD funds and my existing company trustee in my family trust also as the trust for the SMSF, can I draw on the income that the SMSF makes from investments?

2. What if I use other funds, such as borrowings in the smsf to invest and make income, as I am under preservation age can I draw on the SMSF for income?