Minimum Balance

There is no statutory minimum balance to start an SMSF.

The government and most companies focus on the minimum dollar amount that is suitable for setting up an SMSF. Superannuation Warehouse makes SMSF’s available to many more individuals by keeping the setup and monthly fees as low as possible.

The costs Trustees of an SMSF will incur are as follows:

Based on the above, most people can run an SMSF cost-effectively with an SMSF Superannuation balance starting from between $50,000 and $100,000.

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