There's still life in the Transition to Retirement Strategy | SMSF Engine
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There’s still life in the Transition to Retirement Strategy

There’s still life in the Transition to Retirement Strategy

by Duc Hong

The changes introduced from 1 July 2017 meant that assets supporting a TRIS are no longer exempt from tax. While that was a significant change, there are still circumstances where the TRIS strategy can be effective.  

Elements to consider when implementing a Transition to Retirement strategy include:

The strategies that can be used with a TRIS include:

As at October 2020, anyone born on or before October 1962 would be eligible to commence a Transition to Retirement Income Stream.

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