Transition to Retirement
We’re in a service transition period
We’re currently completing our merger. You’ll be able to apply for a retirement income account from 21 November after the service transition period ends Find out more.
Ease into retirement with a Transition to Retirement (TTR) strategy
Cut back your work hours, use some of your super to top up your income and still grow your retirement savings.
There are two ways you can use a TTR to get the most out of your super:
-
Work less, top up your pay with super and earn the same
-
Keep the same working hours, salary sacrifice into super at a (potentially) reduced tax rate and draw income tax- free to offset your salary sacrifice.
How it works
What are the benefits?
- Draw on your super while you continue to work
- Lower fees than your current accumulation account
- Tax-free income payments
Who can open a TTR Income account?
Anyone who's:
- Aged between 60 and 65, and
- Still working
Ready to start a TTR income?
Are you retire ready?
