In this guide
- Q: Is there a maximum balance restriction when commencing a transition to retirement pension?
- Q: Do I still need to be working to commence a TTR pension?
- Q: Are transition to retirement pension payments tax free?
- Q: Are the fund earnings on my transition to retirement pension payments tax free?
- Q: How do I commence a TTR pension?
- Q: Why have a transition to retirement strategy if you have enough income now for your means?
- Q: I am turning 65 in a few weeks time, and I am still working. Can I commence a transition to retirement pension when I turn 65?
- Q: What restrictions apply to a transition to retirement pension?
- Q: How is the transition to retirement pension amount determined? By the individual or is it a percentage of the amount in the TTR?
- Q: Are there any disadvantages of commencing a TTR pension?
- Q: If I retire from my work, what happens to my transition to retirement pension? Does it need to stop?
- Q: Are there any tax outcomes when a TTR pension commences?
How do transition to retirement (TTR) pensions work? When can I start a transition to retirement pension and what benefits can be gained? What are the tax outcomes?
These are some of the common questions we have received from our readers, which we have answered below.
We also recommend you watch our webinars on TTRs:
- Transition to retirement pensions: Strategies and benefits.
- Transition to retirement pensions: The boom is coming.