The Transition to Retirement Pension can be a useful way of accessing superannuation funds before reaching full retirement age. It's available as an income stream from age 55 at a reduced tax rate, and is tax-free from age 60. It's not necessary to retire from employment to access super in this way. And you can continue to make tax-deductible contributions to your super fund.
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The Transition to Retirement Pension can be a useful way of accessing superannuation funds before reaching full retirement age. It's available as an income stream from age 55 at a reduced tax rate, and is tax-free from age 60. It's not necessary to retire from employment to access super in this way. And you can continue to make tax-deductible contributions to your super fund.