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I am thinking about starting a TTR to supplement my income. I earn on average $720 per week before tax. My partner is 69 and gets a part pension. What is the best way to go about a TTR?

7 years ago

Responses

Hi Karen,

You'll need to contact your super fund and enquire on their process, typically you need to complete a form.

Be careful starting a TTR when you have a partner on age pension. Once you start the TTR the balance of your TTR will count in your partner's age pension eligibility. Worst case you could cause him to lose the age pension altogether.

You should seek professional financial advice to guide you through this so you don't inadvertently case a loss of the age pension.

I can help if needed.

Regards
James

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