Yes, additional contributions can be made to an SMSF to repay the loan faster, potentially reducing the loan term and overall interest paid. However, contribution limits and tax implications should be considered.
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Home » FAQs » Can additional contributions be made to an SMSF to repay the loan faster ?
Yes, additional contributions can be made to an SMSF to repay the loan faster, potentially reducing the loan term and overall interest paid. However, contribution limits and tax implications should be considered.
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