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Jason (56) has recently accepted an offer to work for a large healthcare company. For most of his working life, Jason has been self-employed and

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Jason (56) has recently accepted an offer to work for a large healthcare company. For most of his working life, Jason has been self-employed and didn't contribute to superannuateon so his superannuateon balance is only $350,000. Jason earns $150,000 a year, and his employer pays the superannuateon guarantee into his retail super fund. Jason is also entitled to an annual bonus of around $10,000 if his team reaches their targets, which they usually do. Jason has no debt and, in addition to his superannuateon, owns the following assets: Own residence - $850,000 (bought in July 1989 for $130,000) Investment unit - $600,000 (bought in February 2021 for $400,000) . Managed funds - $100,000 (bought in November 2001 for $45,000) Share portfolio - $180,000 (bought in November 2021 for $190,000) . Cash management trust - $8,000 Jason has heard there are benefits to increasing his superannuateon, so he has asked you for advice. He wants to maximise his retirement savings to retire by age 65. REQUIRED: a. Identify and discuss the financial benefits and risks for. Jason of owning assets in superannuateon instead of outside superannuateon. (5 marks) b. Recommend some different ways that Jason can increase his superannuateon. Be specific about the type of superannuateon contribution and the amounts he can contribute. (5 marks) c. Some of Jason's colleagues have told him about the advantages of self-managed superannuateon. Now that he is aware of the benefits of superannuateon, he is very keen to transfer his investment assets into an SMSF. Outline what Jason should consider regarding transferring assets into an SMSF

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