About us>Make a smooth transition to retirement

Make a smooth transition to retirement 

3 October 2011

TransPension, our platinum rated pension product has been rated as one of Australia's best value for money pension funds. And with our transition to retirement (TRAP) account one of the pension options available, you don't even have to be retired to benefit.

If you are over 55 and your super needs a boost before retirement you may find it beneficial to draw a super income from your TRAP account while you continue to work and build tax effective super through salary sacrifice.

With your employer SG contributions and salary sacrifice you could add up to $50,000 per year to super at a discounted (15%) tax rate.

Investment earnings applied to your TransPension account are completely tax free and once you turn age 60, your pension income is also tax free.
 

Want more information?

Our knowledgeable Client Relations team can help you with your questions, in person or over the phone.

To apply or find out more about TransPension, download the Product Disclosure Statement.

 

Need advice? 

As a member, TWUSUPER provides you access to affordable financial advice. A financial adviser can help you optimise your super in the lead up to retirement and provide you with a transition to retirement strategy.

In fact, your first ‘single-issue’ super or pension advice, over the phone, is free. Fees for further advice can also be paid directly from your super account on your request.  

 
By law your employer must contribute a minimum 9% of super salary on your behalf into a complying super fund unless you are ineligible (eg. if your award does not require super contributions and you earned less than $450 in a month).
 
An agreed arrangement between an employer and an employee whereby the employee agrees to sacrifice a part of their before tax salary in exchange for a benefit, such as extra employer contributions to super.
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Disclaimer General advice on this website has been prepared without taking into account your objectives, financial situation or needs. Before acting on the advice, consider its appropriateness. Consider our disclosure documents, which include Product Disclosure Statements (PDS) for some products. The PDS is relevant when deciding whether to acquire or hold a product.

© TWUSUPER 2011