Transition to Retirement Rules | James Hayes - Jameshayesfp - Wattpad

Transition to Retirement Rules | James Hayes

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financial financialplannersydney james jameshayes retirement rule transition transitiontoretirementrules

The Transition to Retirement rules(TTR) in Australia allow individuals aged 60 and over to reduce their working hours while still accessing their superannuation. This strategy lets you ease into retirement by supplementing your income with a pension from your super fund, helping maintain your lifestyle as you approach full retirement.
The TTR rules enable you to:
Access a pension from your super while still working.
Continue contributing to your super, boosting your retirement savings.
Reduce your taxable income through salary sacrifice arrangements.
However, navigating the TTR rules can be complex, with limits on how much you can withdraw and considerations around taxation and contributions. That's where expert guidance becomes crucial.
James Hayes, an experienced financial planner in Sydney, can help you understand how the TTR strategy can fit into your retirement plans. With his comprehensive knowledge of superannuation and tax laws, James ensures you make the most of your superannuation and retirement income. Whether you're looking to start your TTR strategy or need ongoing advice, James Hayes is here to guide you every step of the way.
Start your smooth transition to retirement today with the expertise of James Hayes!All Rights Reserved

financial financialplannersydney james jameshayes retirement rule transition transitiontoretirementrules

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Untitled Part 1
Thu, Dec 19, 2024

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