Small Self Administered Scheme (SSAS) Fundinng - UK Personal Finance on Moneyweb



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Small Self Administered Scheme (SSAS) Funding

The rules governing SSAS funding are quite complex and will depend on the precise details of the ages and incomes of the members and their spouses.

The main point however is that very large sums can be invested, and then utilised by the companies for the benefit of the company as a loan, property purchase etc.

To get a very rough idea of the magnitude of the contribution level that you may be looking at use the Maximum Benefit Calculator to compue the maximum pension for each member. Then use the Pensions Audit and or Single / Monthly Premium Calculator to get an idea as to how much will need to be invested to provide that benefit.

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