Ideal for those nearing retirement who want to start drawing from their super while still working. You can reduce your hours and receive an income from your super, or keep contributing to boost your savings. TTR accounts have a concessional tax rate of up to 15% on investment earnings. Check out our factsheet for tax-effective strategies that fit your needs.

For individuals who have retired, are permanently incapacitated, or are terminally ill. Investment earnings are usually tax-free up to a limit called the transfer balance cap. If you exceed this cap, you’ll need to reduce your tax-free income and pay tax on the excess. The cap amount varies based on your situation. For more details, visit the ATO website at ato.gov.au/super.