Transition to Retirement Rules | James Hayes

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Transition to Retirement (TTR) rules in Australia allow individuals aged 55 and over to access a portion of their superannuation while still working. This strategy enables them to reduce their working hours or supplement their income as they gradually transition into retirement. By drawing on their superannuation, they can boost their disposable income while potentially benefiting from tax advantages. TTR arrangements can also include salary sacrifice contributions, and enhancing retirement savings. It's an effective way to manage the shift to retirement, balancing income needs with financial security. To Know More Visit Us.