In July 2017 the government took away some of the tax incentives for transition-to-retirement income streams (TRIS), but it’s still worth considering if this vehicle could help you transition into retirement.

The Federal Government introduced TRISs on 1 July 2005 to assist Australians ease into retirement. A TRIS is a type of pension that allows individuals to access some of their superannuation benefits while they are still working.