Timothy Sumer

Transition to retirement (TTR) superannuation pensions can increase your super balance and reduce your tax without affecting your take home pay. Australians aged between 60 and 65 can salary sacrifice money into their superannuation to pay less tax and then take that money back out with a transition to retirement pension. With this strategy, you can grow your super balance without putting any extra money into your super fund! #australia #superannuation #retirementplanning Video Links: 1) Watch these to learn how to use your super to pay less tax (i.e. get your free chocolate!): and 2) My video on salary sacrifice: 3) My video on account-based pensions: 0:00 You can boost your superannuation and pay less tax without reducing your take home pay! 0:37 How the strategy works in principle 2:02 Financial advisers have been telling their clients to do this for years 2:38 Example walkthrough - How this strategy reduces your tax 3:50 Example walkthrough - How this strategy gr...

Part 2 of the latest changes to Superannuation. Our SMSF guru Matt Richardson discusses the latest changes to transition to retirement pensions. Please Like the video, subscribe & share Green Taylor Partner, Horsham Victoria, Ph.: 03 5382 4761 Follow us on Facebook: Follow us on Twitter: ... ( read more ) LEARN MORE ABOUT: Retirement Pension Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The transition to retirement pensions is a process that many workers will go through as they approach retirement age. It is important to understand the changes that are happening and the implications that they have for your retirement savings. The transition to retirement pensions is a process that allows individuals to access their superannuation funds prior to retirement age. This allows individuals to reduce their working hours and supplement their income with their ...