Why consider a ssas?
Greater control and flexibility over the pension fund and all retirement assets
Greater control and flexibility over the pension fund and all retirement assets
Greater control and flexibility over the pension fund and all retirement assets
In addition to the usual tax exemptions available for self-administered pension arrangements, a SSAS can offer other benefits for entrepreneurial business owners including:
Can a SSAS borrow and lend money?
Greater control and flexibility over the pension fund and all retirement assets
Greater control and flexibility over the pension fund and all retirement assets
The short answer is yes, a SSAS is able to borrow and lend money, although the money borrowed must be used to benefit the SSAS. Typically, that includes the purchase of commercial property, this means you are in more control of the lending/borrowing and the applicable interest rates.
Invest alongside your business
Greater control and flexibility over the pension fund and all retirement assets
Invest alongside your business
Your SSAS could invest in your companies premise or invest alongside your business to provide more control over the lending and completion of any business prospects.