Sam Henderson
You can use a transition income stream to help cover the costs of chronic health problems, writes Sam Henderson, who answers your questions on superannuation.
Q: I have a transition to retirement (TTR) pension being paid to me from funds accumulated in the last 25 years. Are there restrictions on asking the fund manager for a portion of these funds to pay off debts? I satisfy the work test of being employed for over 40 hours in 30 consecutive days. As the sole income earner in the family and due to my wife having chronic health problems for the last few decades, are there any provisions to release some portion of my TTR to facilitate some of the medical appointments, treatment…
Read the full article at: http://www.afr.com/personal-finance/superannuation-and-smsfs/ttr-pension-can-help-fund-medical-treatment-20170227-gum3ig
