Q: I am 60 and looking to reduce my working hours and
supplement my income with a transition to retirement income stream (TRIS) from our self-managed super fund. Will this have an impact on my transfer balance cap (TBC) when I move to full retirement and commence a pension? And are there any other consequences of implementing a TRIS? Ian.

A: Despite losing a tax concession that has taken away some of their appeal, these income streams can still be attractive if you need pre-retirement access to your super and are smart about putting it into practice.