Tax savings with

a Transition to
Retirement (TTR)
Allocated Pension
Account
can be significant.

Find out how Andrew saved so
much money in superannuation tax

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DISCLAIMER
This presentation has been prepared by SCS Super Pty Ltd (ABN 74 064 712 607, AFSL 23055,
RSE L0002264), the trustee of the Australian Catholic Superannuation & Retirement Fund
ABN 24 680 629 023, RSE R1055436.

Any advice contained in this presentation is of a general nature only, and does not take into
account your personal objectives, financial situation or needs. Prior to acting on any information
in this presentation, you need to take into account your own financial circumstances, consider
the Product Disclosure Statement for any product you are considering, and seek independent
financial advice if you are unsure of what action to take.

The material contained in this presentation is based on information received in good faith from
sources within the market and on our understanding of the legislation at this time.

Financial planning services are provided under an arrangement with Industry Fund Services Pty
Ltd (IFS) (AFSL 232514).

A transition to retirement pension may not be suitable for all members.

All references to pension in this document refer to the Australian Catholic Superannuation &
Retirement Fund allocated pension.



Q: How did Andrew
save so much money
in super tax?

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Q: How did Andrew
save so much money
in super tax?

A: He moved his
super savings into
an Australian Catholic
Superannuation Transition to
Retirement (TTR) Allocated
Pension Account, while he
continues to work

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What is a
Transition to
Retirement
(TTR) Allocated
Pension
Account?
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A transition to retirement (TTR) allocated pension is an
account based income stream that involves drawing down a
pension from your superannuation.

You can set up a transition to retirement (TTR) allocated
pension once you reach preservation age (55 for many
people), even if you are still working.

Once set up you can withdraw a maximum of 10% of the
pension balance each year, while you continue to work.

catholicsuper.com.au/allocatedpension

Once your superannuation (and other) savings are moved into a
pension account, you pay no tax on investment earnings:



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Savings in a
Super Account
Same savings in a
Pension Account
up to 15% tax paid on
investment earnings
0% tax paid on
investment earnings
catholicsuper.com.au/allocatedpension


Once your superannuation (and other)savings are moved into a
pension account, you pay no tax on investment earnings:



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Savings in a
Super Account
Same savings in a
Pension Account
up to 15% tax paid on
investment earnings
0% tax paid on
investment earnings
Click here for more information on tax
and allocated pension accounts
catholicsuper.com.au/allocatedpension



The difference
could save you
thousands in tax
each year!
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The tax you save in a pension account is money that could
be adding to your retirement savings

catholicsuper.com.au/allocatedpension

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The tax you save in a pension account is money that could
be adding to your retirement savings, year after year



catholicsuper.com.au/allocatedpension

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The tax you save in a pension account is money that could
be adding to your retirement savings, year after year
as you continue working.



catholicsuper.com.au/allocatedpension

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The tax you save in a pension account is money that could
be adding to your retirement savings, year after year
as you continue working.

Plus Salary sacrificing some of your regular income into your
superannuation account and using pension income as
replacement income can boost your retirement balance even
more.



catholicsuper.com.au/allocatedpension

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The tax you save in a Pension Account is money that could
be adding to your retirement savings, year after year
as you continue working.

Plus Salary sacrificing some income into your superannuation
account and using pension income as replacement income can
boost your retirement balance even more.



Click here, read how Anne used Salary Sacrifice to
boost retirement savings and reduce income tax.
catholicsuper.com.au/allocatedpension

MEET ANDREW

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catholicsuper.com.au/allocatedpension

Andrew, age 55, wants to
increase his superannuation
savings ahead of retirement
and plans to continue working
full-time for several more
years.

He has been saving in three
different superannuation
accounts but he feels he could
be doing better.

Andrew met with a financial
planner at Australian Catholic
Superannuation and was
advised to do two things:


1. Consolidate: his three super
accounts into one account with
Australian Catholic Superannuation

2. Convert: most of his newly
combined superannuation balance
into a Transition to Retirement (TTR)
Allocated Pension Account.

catholicsuper.com.au/allocatedpension

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Andrew starts an Australian Catholic Superannuation
Transition to Retirement (TTR) Allocated Pension Account with
$350,000 (leaving $5,000 in his super account).

He chooses to receive the allowed maximum $35,000 pa
(10% of his new pension account balance) as a monthly
pension paid into his bank account.

In doing this Andrew saves tax because investment earnings
on his $350,000 in the pension account are now tax-free.

catholicsuper.com.au/allocatedpension


The tax saved provides a boost to Andrews retirement savings.
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$350,000 balance
in a super
account
$350,000 balance
in a pension
account
Investment return* - assume 6% pa
after fees and charges but before tax
$21,000 $21,000
Tax on investment earnings* - Year 1
Up to 15%, or
$3,150
NIL
Earnings available to compound As low as $17,850 $21,000
* This is an example only. Actual investment returns and taxes vary depending on the investment option selected.
catholicsuper.com.au/allocatedpension


Plus, using his monthly pension income, Andrew can afford to
salary sacrifice into his super account, increasing his retirement
savings while reducing his taxable income!

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Read more about salary sacrifice and superannuation.
Click here
catholicsuper.com.au/allocatedpension



Are you 55+,
still working
and want to
maximise your
retirement
savings?

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You too could benefit
from an Australian Catholic
Superannuation Transition to
Retirement (TTR) Allocated
Pension!

The independent superannuation
monitor, SuperRatings, has rated
our pension as Platinum level,
the highest rating available.
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So you can be
confident knowing
that our pension is
rated so highly!

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What to do next

Read more on our website, here

Book an appointment to meet with a financial planner to
discuss your situation on 1300 658 776 or click here for
more information.

Attend a free retirement planning seminar

catholicsuper.com.au/allocatedpension

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@AusCathSuper

Australian Catholic Superannuation
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CONNECT NOW

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CONTACT US
T 1300 658 776

W www.catholicsuper.com.au

E fundoffice@catholicsuper.com.au