Date/time: Thursday 20 June 2024 02:00PM-03:00PM AEST
$120.00 +GST
This event is recommended for both financial advisors and accountants advising on or administering SMSFs and wanting to understand how an SMSF can pay a temporary incapacity benefit to a fund member.
Upon completion of this event, you will be able to:
This event will be presented live on 20 June 2024.
This training provides 1 hours accredited by the SMSF Association. The Legislated CPD Hours breakdown for financial advisers is as follows:
Understanding the intricate rules and income tax considerations surrounding income protection insurance within a self-managed superannuation fund (SMSF) is crucial. In our webinar we will delve into the nuances of holding income protection insurance within SMSFs, shedding light on the often misunderstood area of payment of a temporary incapacity benefit. It aims to rectify common misconceptions and missteps, particularly regarding the eligibility criteria and procedural intricacies involved in paying temporary incapacity benefits to members.
Through a meticulous examination of the rules and income tax considerations governing income protection insurance within SMSFs, participants will gain invaluable insights into optimizing member benefits while steering clear of potential pitfalls. With a focus on demystifying the intricacies of administering temporary incapacity benefits, this webinar will provide a step-by-step guide to ensure precise adherence to regulatory requirements.
Registration to this event includes:
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