Transition to Retirement Strategies:
How George and Tina Boosted Super with
TTR Payments
At Financial Tuner, we empower Australians over 60 to maximize superannuation through transition to retirement (TTR) strategies and carry-forward concessional contributions. Our Recommendation for George and Tina shows how tax-free TTR payments enabled larger super contributions, amplified by tax refunds. Learn how you can grow your super significantly.
Case Study: George and Tina’s Super Savings Success
George and Tina, a couple over 60 and still working, aimed to supercharge their retirement savings while minimizing tax. We recommended tax-free TTR payments to fund substantial super contributions, which they couldn’t have achieved otherwise. Here’s how we helped, and how you can benefit.
Their Goals: Maximize super savings, reduce taxable income, and secure retirement by leveraging tax-free TTR payments and tax refunds.
Their Situation: Tina had funds in REI Super, George in Hostplus. Both had unused concessional contribution caps from 2018/19–2022/23 and super balances under $500,000.
How We Maximized Their Super Savings
Using 2025 super rules ($30,000 concessional cap, carry-forward caps: $25,000 for 2018/19–2019/20, $27,500 for 2020/21–2022/23), we designed a plan relying on tax-free TTR payments. Here’s how it applies to you.
1. Superannuation Rollovers for Efficiency
We rolled Tina’s REI Super to a Netwealth super fund and transferred $282,000 from George’s Hostplus to a Netwealth TTR pension, aligning with a 70% growth asset allocation.
Why It Saves Money: Consolidation reduces admin fees, and Netwealth’s flexibility boosts returns. For you, rolling over super simplifies management and enhances growth.
2. TTR Pensions for Tax-Free Cash Flow
Both George and Tina, over 60, started TTR pensions with Netwealth, drawing up to 10% of their super annually tax-free while working.
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Why It Saves Money: Tax-free TTR payments provided essential cash flow, enabling them to fund significant super contributions without relying on other income. Earnings in the pension phase are taxed at up to 15%, preserving capital.
3. Carry-Forward Contributions and Tax Refunds
We advised George to increase salary sacrifice to Hostplus and Tina to direct SG contributions to Netwealth. Critically, we recommended contributing over $30,000 before June 30, 2026, using unused concessional caps from 2018/19 ($25,000), 2019/20 ($25,000), 2020/21–2022/23 ($27,500 each), and 2023/24–2024/25 ($30,000 each), as their super balances were under $500,000. Tax refunds from these contributions were reinvested into super. Without tax-free TTR payments, they couldn’t have afforded these additional contributions.
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Why It Saves Money: Concessional contributions are taxed at 15% (or 30% if income exceeds $250,000), often lower than your marginal rate (up to 45%). A $50,000 contribution could yield a $15,000 tax refund, reinvested as a non-concessional contribution. Carry-forward potential (up to $137,500 per person) supercharges savings.
4. Optimized Asset Allocation for Growth
We rebalanced portfolios to 70% growth assets (shares, property, infrastructure), matching their ‘Growth’ risk profile for a 7+ year horizon.
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Why It Saves Money: Growth assets maximize returns, and rebalancing minimizes market timing risks, ensuring steady super growth.
5. Insurance Optimization for Cost Efficiency
We cancelled Tina’s redundant REI Super insurance and retained suitable policies, some within super to reduce costs.
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Why It Saves Money: Super-funded premiums use pre-tax dollars, freeing cash for contributions, supported by TTR payments.
2025 Super Rules and TTR Benefits
For Australians over 60, TTR strategies and carry-forward contributions, powered by tax refunds, are game-changers. Here’s a summary of 2025 rules:
TTR Pension Access
Up to 10% of super balance annually (age 60+)
Tax-free income to fund contributions
Concessional Contribution Cap
$30,000/year (SG, salary sacrifice)
Taxed at 15%, generates tax refund
Carry-Forward Contributions
Use unused caps:
$25,000 (2018/19–2019/20), $27,500 (2020/21–2022/23), $30,000 (2023/24–2025/26) if super < $500,000
Contribute up to $137,500, reinvest tax refunds
Earnings Tax
Up to 15% in TTR pension phase
Lower than personal tax rates
Your Opportunity: Like George and Tina, you can use tax-free TTR payments to fund large super contributions, amplified by tax refunds, to secure your retirement.
Ready to Boost Your Super with TTR and Tax Refunds?
Based in Adelaide, Financial Tuner crafts personalized TTR strategies for Australians over 60. Let us help you leverage tax-free TTR payments and 2025 carry-forward rules to maximize super savings.