Transitioning to Retirement - how a TTR account can work for you
When you reach your preservation age, you can access your super as a TTR pension without having to retire. You start an ethical TTR pension by opening an account and then transferring some of your super into your pension account.
You’ll need to leave a small amount in your super account (any amount to keep it active) so that it can receive ongoing employer super contributions and any voluntary contributions you make. If you’re younger than 65, you can then draw down or access a TTR pension income (between 4% and 10% of the pension account balance each financial year). You can’t withdraw a lump sum.
Your TTR pension can be transferred back into your super account any time.