See how TTR works with these examples
Save more with TTR

Fred (60)
- Fred turned 60 and is keen to add to his $175,000 super balance.
- He earns $60,000 a year and is looking forward to retiring at 65.
Fred found that he could potentially add $18,100 to his retirement savings over the 5 years until he retires through TTR.
Fred’s super balance after 5 years
With no TTR
With TTR

With no TTR

With TTR

TTR helped Fred save more
- Maintained the same take home pay that he would have had without TTR
- Increased his super balance by $18,100 over five years
- Saved $14,000 in tax through a salary sacrifice arrangement
- But, paid an additional $800 in fees (TTR Income fees)
Save more - Fred’s TTR plan
Based on Fred’s information, here’s how he could set up TTR.

Save more - Fred’s TTR plan
Based on Fred’s information, here’s how he could set up TTR.
Annual salary sacrifice amount
$16,800
per year
Amount to transfer into TTR Income
$165,000
TTR Income payment amount
$11,200
in the first year*
* $11,000 in the second year, $11,500 in the third year, $11,400 in the fourth and fifth years.
Benefits
Fred will:
- Grow his super balance.
- Lower his taxable income, giving him tax savings.


Open a TTR Income account
To start, Fred transfers some of his super into a TTR Income account.
$
Super balance
→
↓
$165,000
Transfer amount
→
↓
TTR I
TTR Income


Salary sacrifice into super

Some of Fred’s current salary is paid directly to his super (salary sacrifice) which reduces his taxable income and saves tax.
$60,000
Current annual salary
−
− $19,100
$16,800
Salary sacrifice amount
=
= $40,900*
$43,200
New taxable income
$37,600
Fred's take-home pay


Boost super balance

This salary sacrificed amount is added into Fred’s super account, along with his employer contributions, making his balance grow faster.


Receive payments from TTR Income to keep the same take-home pay

Fred receives payments from his TTR Income account to maintain his current take-home pay.
$37,600
Take-home pay amount
+
+ $12,500
$11,200
TTR Income payment in the first year*
* $11,000 in the second year, $11,500 in the third year, $11,400 in the fourth and fifth years.
=
= $48,900
$48,800
Take-home pay

Review annually
As circumstances change, Fred reviews his TTR strategy annually to make sure it’s still right for him.
-
Assumptions