
322 understanding WRAP accounts for wealth accumulation & retirement
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In this episode, Glen and Vince Scully break down WRAP accounts and how they can be used for wealth accumulation and retirement planning. They discuss their benefits, tax advantages and features, and how they provide greater control and flexibility compared to traditional superannuation funds. They also clear up common misconceptions and explain when a WRAP account may be beneficial based on your financial situation and retirement goals. Glen and Vince cover:
👉 what exactly is a WRAP account?
👉🏼 key benefits of WRAP accounts for tax efficiency and control
👉🏽 how they differ from traditional super funds
👉🏾 the advantages of having more control over asset allocation
👉🏿 who benefits most from WRAP accounts (balance size & time to retirement)
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