Which of the following statements about drawing an income from super are TRUE:

As long as an individual has reached their preservation age, they can rollover their superannuation into an Account Based Pension while they are still working.

An individual is retired and over the age of 60. They have an Account Based Pension and they have transferred less than the Transfer Balance Cap. In this case, the investment returns on their Account Based Pension would normally be tax free. They could also draw a regular monthly income from their Account Based Pension that would also be tax free.